Hopwood Nicholas Hunter Acquires New Stake in Capital Group Growth ETF $CGGR

Hopwood Nicholas Hunter bought a new position in Capital Group Growth ETF (NYSEARCA:CGGRFree Report) in the second quarter, Holdings Channel reports. The firm bought 90,645 shares of the company’s stock, valued at approximately $4,278,000. Capital Group Growth ETF makes up about 1.2% of Hopwood Nicholas Hunter’s investment portfolio, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Triumph Capital Management bought a new position in Capital Group Growth ETF in the 3rd quarter worth about $29,000. Mark Sheptoff Financial Planning LLC boosted its holdings in shares of Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares in the last quarter. Trust Co. of Vermont purchased a new stake in Capital Group Growth ETF in the second quarter worth approximately $60,000. Godfrey Financial Associates Inc. bought a new position in shares of Capital Group Growth ETF during the 4th quarter valued at $78,000. Finally, Beacon Financial Strategies CORP bought a new position in Capital Group Growth ETF during the 2nd quarter worth approximately $80,000.

Capital Group Growth ETF Stock Down 0.2%

Shares of Capital Group Growth ETF stock opened at $47.18 on Friday. The firm has a market cap of $25.39 billion, a PE ratio of 30.88 and a beta of 1.18. The company’s fifty day simple moving average is $46.38 and its two-hundred day simple moving average is $44.87. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.02.

Capital Group Growth ETF Announces Dividend

The company also recently disclosed a semiannual dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.0274 per share. This represents a yield of 12.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

Capital Group Growth ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGRFree Report).

Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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