Cedar Brook Financial Partners LLC Increases Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

Cedar Brook Financial Partners LLC increased its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,223 shares of the company’s stock after buying an additional 2,065 shares during the period. Cedar Brook Financial Partners LLC owned about 0.09% of Capital Group Growth ETF worth $1,822,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CGGR. Northwestern Mutual Wealth Management Co. increased its stake in Capital Group Growth ETF by 95.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,864,955 shares of the company’s stock worth $77,067,000 after buying an additional 1,885,673 shares during the period. Capital International Investors purchased a new stake in Capital Group Growth ETF during the 1st quarter worth approximately $25,035,000. Baird Financial Group Inc. increased its stake in Capital Group Growth ETF by 4,647.7% during the 4th quarter. Baird Financial Group Inc. now owns 910,749 shares of the company’s stock worth $18,160,000 after buying an additional 891,566 shares during the period. Summit Investment Advisory Services LLC increased its stake in Capital Group Growth ETF by 3,199.2% during the 1st quarter. Summit Investment Advisory Services LLC now owns 830,805 shares of the company’s stock worth $18,660,000 after buying an additional 805,623 shares during the period. Finally, Global Retirement Partners LLC grew its holdings in Capital Group Growth ETF by 7,249.6% during the 1st quarter. Global Retirement Partners LLC now owns 646,916 shares of the company’s stock worth $14,465,000 after acquiring an additional 638,114 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.0 %

NYSEARCA CGGR traded up $0.01 on Thursday, hitting $25.52. 412,071 shares of the stock were exchanged, compared to its average volume of 711,746. Capital Group Growth ETF has a fifty-two week low of $18.60 and a fifty-two week high of $26.55. The company has a market cap of $2.50 billion, a PE ratio of 18.26 and a beta of 1.09. The company has a 50-day moving average price of $25.53 and a 200-day moving average price of $23.84.

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.