Capital Group Growth ETF $CGGR is JSF Financial LLC’s 2nd Largest Position

JSF Financial LLC cut its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 882,565 shares of the company’s stock after selling 32,629 shares during the period. Capital Group Growth ETF comprises about 8.6% of JSF Financial LLC’s investment portfolio, making the stock its 2nd biggest position. JSF Financial LLC owned approximately 0.22% of Capital Group Growth ETF worth $38,762,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Growth ETF by 2.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock valued at $558,128,000 after buying an additional 271,970 shares in the last quarter. Bank of America Corp DE increased its holdings in Capital Group Growth ETF by 0.6% in the 2nd quarter. Bank of America Corp DE now owns 11,478,224 shares of the company’s stock worth $466,590,000 after acquiring an additional 72,811 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Capital Group Growth ETF by 29.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock worth $424,630,000 after acquiring an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Capital Group Growth ETF by 14.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock valued at $423,073,000 after purchasing an additional 1,333,201 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in Capital Group Growth ETF by 8.8% during the second quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock valued at $344,099,000 after purchasing an additional 687,152 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $45.13 on Thursday. The stock has a market cap of $19.84 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83. The firm has a fifty day moving average price of $44.50 and a 200-day moving average price of $43.59.

Capital Group Growth ETF Announces Dividend

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

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.