Trust Co. of Vermont Invests $51,000 in Capital Group Growth ETF $CGGR

Trust Co. of Vermont purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,266 shares of the company’s stock, valued at approximately $51,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new position in shares of Capital Group Growth ETF in the first quarter worth $30,000. Exchange Traded Concepts LLC bought a new position in shares of Capital Group Growth ETF in the second quarter worth $921,000. CX Institutional bought a new position in shares of Capital Group Growth ETF in the first quarter worth $48,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Capital Group Growth ETF by 4.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,007,955 shares of the company’s stock worth $68,772,000 after purchasing an additional 83,798 shares in the last quarter. Finally, Lantz Financial LLC grew its stake in shares of Capital Group Growth ETF by 2.5% in the second quarter. Lantz Financial LLC now owns 95,277 shares of the company’s stock worth $3,873,000 after purchasing an additional 2,356 shares in the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $44.24 on Friday. The business has a fifty day moving average of $42.78 and a 200-day moving average of $39.11. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $44.71. The stock has a market cap of $16.82 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09.

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.