Kintra Wealth LLC Increases Stake in Capital Group Growth ETF $CGGR

Kintra Wealth LLC raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 52.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 133,023 shares of the company’s stock after acquiring an additional 45,708 shares during the quarter. Kintra Wealth LLC’s holdings in Capital Group Growth ETF were worth $6,317,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGGR. Triumph Capital Management purchased a new position in shares of Capital Group Growth ETF during the 3rd quarter valued at approximately $29,000. Mark Sheptoff Financial Planning LLC boosted its holdings in Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after buying an additional 500 shares in the last quarter. Trust Co. of Vermont acquired a new stake in Capital Group Growth ETF during the second quarter valued at $60,000. Godfrey Financial Associates Inc. acquired a new stake in Capital Group Growth ETF during the fourth quarter valued at $78,000. Finally, Beacon Financial Strategies CORP purchased a new position in Capital Group Growth ETF in the second quarter valued at $80,000.

Capital Group Growth ETF Stock Performance

CGGR opened at $47.18 on Friday. The company has a fifty day moving average of $46.38 and a two-hundred day moving average of $44.87. The stock has a market capitalization of $25.39 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

Capital Group Growth ETF Announces Dividend

The firm also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a dividend of $0.0274 per share. The ex-dividend date was Tuesday, June 30th. This represents a dividend yield of 12.0%.

Capital Group Growth ETF Profile

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.