Waverly Advisors LLC Purchases New Position in Capital Group Growth ETF $CGGR

Waverly Advisors LLC acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 227,039 shares of the company’s stock, valued at approximately $10,716,000.

Several other large investors also recently bought and sold shares of CGGR. Triumph Capital Management acquired a new stake in shares of Capital Group Growth ETF during the third quarter worth about $29,000. Parkside Financial Bank & Trust purchased a new position in Capital Group Growth ETF during the 2nd quarter worth approximately $33,000. Mark Sheptoff Financial Planning LLC grew its stake in Capital Group Growth ETF by 88.7% during the 4th 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 during the last quarter. Trust Co. of Vermont acquired a new position in Capital Group Growth ETF during the second quarter worth approximately $60,000. Finally, Godfrey Financial Associates Inc. acquired a new position in Capital Group Growth ETF during the fourth quarter worth approximately $78,000.

Capital Group Growth ETF Trading Down 0.2%

Shares of NYSEARCA CGGR opened at $46.86 on Thursday. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.02. The stock has a 50 day moving average of $46.38 and a two-hundred day moving average of $44.97. The stock has a market cap of $25.22 billion, a P/E ratio of 30.88 and a beta of 1.18.

Capital Group Growth ETF Dividend Announcement

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 Company 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.