Capital Group Growth ETF Plans Dividend of $0.04 (NYSEARCA:CGGR)

Capital Group Growth ETF (NYSEARCA:CGGR) announced a dividend on Wednesday, December 24th. Stockholders of record on Friday, December 26th will be paid a dividend of 0.0424 per share on Monday, December 29th. This represents a dividend yield of 19.0%. The ex-dividend date of this dividend is Friday, December 26th.

Capital Group Growth ETF Stock Up 0.3%

CGGR opened at $45.18 on Friday. The stock has a market capitalization of $18.10 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50 day moving average price of $44.13 and a 200-day moving average price of $42.71. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

Institutional Trading of Capital Group Growth ETF

Hedge funds have recently bought and sold shares of the company. Comerica Bank lifted its holdings in shares of Capital Group Growth ETF by 15.8% in the 1st quarter. Comerica Bank now owns 31,506 shares of the company’s stock valued at $1,079,000 after buying an additional 4,308 shares during the period. Vermillion & White Wealth Management Group LLC purchased a new position in Capital Group Growth ETF in the first quarter worth $134,000. OLD Mission Capital LLC purchased a new position in Capital Group Growth ETF in the first quarter worth $12,567,000. Baird Financial Group Inc. lifted its holdings in Capital Group Growth ETF by 1.5% in the first quarter. Baird Financial Group Inc. now owns 1,470,200 shares of the company’s stock valued at $50,354,000 after acquiring an additional 21,617 shares during the period. Finally, Certior Financial Group LLC boosted its position in shares of Capital Group Growth ETF by 17.5% during the 1st quarter. Certior Financial Group LLC now owns 18,285 shares of the company’s stock worth $626,000 after purchasing an additional 2,722 shares in the last quarter.

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.