Everpar Advisors LLC Sells 62,497 Shares of Capital Group Growth ETF $CGGR

Everpar Advisors LLC trimmed its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 51.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 58,794 shares of the company’s stock after selling 62,497 shares during the period. Capital Group Growth ETF makes up about 1.0% of Everpar Advisors LLC’s investment portfolio, making the stock its 20th biggest position. Everpar Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,615,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CGGR. Whipplewood Advisors LLC lifted its position in shares of Capital Group Growth ETF by 32.5% during the third quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock valued at $47,000 after buying an additional 261 shares during the last quarter. Hunter Associates Investment Management LLC grew its position in shares of Capital Group Growth ETF by 1.6% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock worth $853,000 after buying an additional 314 shares during the last quarter. Cvfg LLC grew its position in shares of Capital Group Growth ETF by 4.4% in the 3rd quarter. Cvfg LLC now owns 8,064 shares of the company’s stock worth $354,000 after buying an additional 339 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Capital Group Growth ETF by 6.7% during the 3rd quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock worth $243,000 after acquiring an additional 349 shares in the last quarter. Finally, Visionary Wealth Advisors raised its stake in shares of Capital Group Growth ETF by 2.9% during the 2nd quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock worth $512,000 after acquiring an additional 358 shares in the last quarter.

Capital Group Growth ETF Stock Down 2.0%

NYSEARCA:CGGR opened at $40.52 on Friday. The stock has a market capitalization of $17.95 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The firm has a 50 day moving average of $43.39 and a 200 day moving average of $43.86.

Capital Group Growth ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a dividend of $0.0424 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend yield of 19.0%.

About Capital Group Growth ETF

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.