Strategic Blueprint LLC Has $16.88 Million Holdings in Capital Group Growth ETF $CGGR

Strategic Blueprint LLC raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 44.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 415,294 shares of the company’s stock after acquiring an additional 127,826 shares during the period. Capital Group Growth ETF comprises about 0.8% of Strategic Blueprint LLC’s investment portfolio, making the stock its 24th largest holding. Strategic Blueprint LLC’s holdings in Capital Group Growth ETF were worth $16,882,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. LPL Financial LLC grew its stake in Capital Group Growth ETF by 36.1% in the first quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock valued at $782,094,000 after acquiring an additional 6,059,534 shares during the period. Commonwealth Equity Services LLC grew its stake in Capital Group Growth ETF by 13.8% in the first quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock valued at $399,956,000 after acquiring an additional 1,415,798 shares during the period. Envestnet Asset Management Inc. grew its stake in Capital Group Growth ETF by 17.0% in the first quarter. Envestnet Asset Management Inc. now owns 8,099,224 shares of the company’s stock valued at $277,398,000 after acquiring an additional 1,175,119 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Capital Group Growth ETF by 14.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock valued at $310,801,000 after acquiring an additional 1,166,451 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in Capital Group Growth ETF by 49.3% in the first quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after acquiring an additional 1,097,272 shares during the period.

Capital Group Growth ETF Trading Down 0.7%

NYSEARCA:CGGR opened at $44.18 on Thursday. The stock has a market cap of $16.93 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09. The stock has a 50-day moving average price of $43.40 and a two-hundred day moving average price of $39.96. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $44.71.

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.