Saxony Capital Management LLC Grows Position in Capital Group Growth ETF $CGGR

Saxony Capital Management LLC increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,216 shares of the company’s stock after acquiring an additional 554 shares during the quarter. Saxony Capital Management LLC’s holdings in Capital Group Growth ETF were worth $740,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in Capital Group Growth ETF in the first quarter valued at $30,000. Rossby Financial LCC bought a new stake in Capital Group Growth ETF in the first quarter valued at $31,000. Trust Co. of Vermont bought a new stake in Capital Group Growth ETF in the second quarter valued at $51,000. Chilton Capital Management LLC bought a new stake in Capital Group Growth ETF in the first quarter valued at $53,000. Finally, Beacon Capital Management LLC bought a new stake in Capital Group Growth ETF in the second quarter valued at $77,000.

Capital Group Growth ETF Stock Up 0.7%

NYSEARCA:CGGR opened at $44.87 on Friday. The stock has a market cap of $17.93 billion, a P/E ratio of 30.88 and a beta of 1.17. The firm’s fifty day simple moving average is $43.84 and its 200 day simple moving average is $40.63. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

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.