Hopwood Nicholas Hunter Takes Position in Capital Group Growth ETF $CGGR

Hopwood Nicholas Hunter acquired a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 90,645 shares of the company’s stock, valued at approximately $4,278,000. Capital Group Growth ETF comprises approximately 1.2% of Hopwood Nicholas Hunter’s holdings, making the stock its 26th largest position.

Several other hedge funds also recently modified their holdings of CGGR. Tudor Financial Inc. raised its holdings in shares of Capital Group Growth ETF by 773.0% in the second quarter. Tudor Financial Inc. now owns 13,331 shares of the company’s stock valued at $629,000 after purchasing an additional 11,804 shares during the last quarter. NWF Advisory Services Inc. boosted its holdings in Capital Group Growth ETF by 20.9% during the second quarter. NWF Advisory Services Inc. now owns 131,676 shares of the company’s stock worth $6,215,000 after purchasing an additional 22,739 shares during the last quarter. Sapient Capital LLC grew its position in Capital Group Growth ETF by 3.9% in the 2nd quarter. Sapient Capital LLC now owns 6,730 shares of the company’s stock worth $318,000 after purchasing an additional 250 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in Capital Group Growth ETF by 10.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 1,116,891 shares of the company’s stock worth $52,717,000 after purchasing an additional 104,830 shares in the last quarter. Finally, Burford Brothers Inc. increased its stake in Capital Group Growth ETF by 1.7% in the 2nd quarter. Burford Brothers Inc. now owns 208,999 shares of the company’s stock valued at $9,865,000 after buying an additional 3,417 shares during the last quarter.

Capital Group Growth ETF Stock Down 0.2%

Capital Group Growth ETF stock opened at $47.18 on Friday. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02. The company’s 50 day moving average price is $46.38 and its two-hundred day moving average price is $44.87. The stock has a market cap of $25.39 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 of this dividend 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.