Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 50.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,004 shares of the company’s stock after purchasing an additional 6,680 shares during the quarter. Trueblood Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $744,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of Capital Group Growth ETF by 24.6% during the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after purchasing an additional 2,456,913 shares during the last quarter. Kestra Investment Management LLC acquired a new position in Capital Group Growth ETF during the 2nd quarter valued at approximately $44,429,000. Sanctuary Advisors LLC bought a new position in Capital Group Growth ETF during the 2nd quarter worth $25,746,000. Sei Investments Co. acquired a new stake in Capital Group Growth ETF in the second quarter worth $25,735,000. Finally, Summit Investment Advisory Services LLC acquired a new stake in Capital Group Growth ETF in the third quarter worth $27,099,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $38.50 on Monday. The firm has a fifty day moving average of $37.84 and a 200-day moving average of $35.25. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1 year low of $28.00 and a 1 year high of $39.36.

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.