Main Line Retirement Advisors LLC Buys 13,586 Shares of Capital Group Growth ETF $CGGR

Main Line Retirement Advisors LLC increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 439,373 shares of the company’s stock after purchasing an additional 13,586 shares during the quarter. Capital Group Growth ETF accounts for 9.9% of Main Line Retirement Advisors LLC’s holdings, making the stock its 4th largest holding. Main Line Retirement Advisors LLC owned about 0.11% of Capital Group Growth ETF worth $19,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Meridian Wealth Management LLC boosted its stake in shares of Capital Group Growth ETF by 0.4% in the 2nd quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock valued at $2,958,000 after buying an additional 261 shares during the period. Professional Financial Advisors LLC increased its stake in shares of Capital Group Growth ETF by 0.9% during the second quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock worth $1,262,000 after buying an additional 272 shares during the period. Prosperity Financial Group Inc. raised its holdings in Capital Group Growth ETF by 4.5% in the second quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock valued at $265,000 after acquiring an additional 281 shares in the last quarter. Visionary Wealth Advisors lifted its stake in Capital Group Growth ETF by 2.9% in the second quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock worth $512,000 after acquiring an additional 358 shares during the last quarter. Finally, Trilogy Capital Inc. grew its holdings in Capital Group Growth ETF by 2.8% during the 2nd quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock worth $546,000 after acquiring an additional 367 shares in the last quarter.

Capital Group Growth ETF Trading Down 0.6%

Shares of NYSEARCA:CGGR opened at $44.86 on Tuesday. The company has a market cap of $17.97 billion, a PE ratio of 30.88 and a beta of 1.17. The company’s 50 day moving average is $44.16 and its two-hundred day moving average is $42.85. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83.

Capital Group Growth ETF Announces Dividend

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

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.