ORBA Wealth Advisors L.L.C. Reduces Holdings in Capital Group Global Growth Equity ETF $CGGO

ORBA Wealth Advisors L.L.C. lowered its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 13.7% during the third quarter, HoldingsChannel reports. The firm owned 89,785 shares of the company’s stock after selling 14,241 shares during the period. Capital Group Global Growth Equity ETF comprises 2.5% of ORBA Wealth Advisors L.L.C.’s holdings, making the stock its 12th biggest position. ORBA Wealth Advisors L.L.C.’s holdings in Capital Group Global Growth Equity ETF were worth $3,068,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Security Advisor Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 1.9% in the third quarter. Financial Security Advisor Inc. now owns 17,107 shares of the company’s stock worth $585,000 after buying an additional 316 shares in the last quarter. Berger Financial Group Inc lifted its stake in Capital Group Global Growth Equity ETF by 4.8% in the 2nd quarter. Berger Financial Group Inc now owns 7,654 shares of the company’s stock worth $245,000 after purchasing an additional 352 shares in the last quarter. Brighton Jones LLC lifted its stake in Capital Group Global Growth Equity ETF by 5.5% in the 2nd quarter. Brighton Jones LLC now owns 8,790 shares of the company’s stock worth $281,000 after purchasing an additional 457 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 1.3% during the 2nd quarter. Strategic Family Wealth Counselors L.L.C. now owns 43,945 shares of the company’s stock worth $1,405,000 after purchasing an additional 555 shares during the last quarter. Finally, Silverlake Wealth Management LLC grew its position in shares of Capital Group Global Growth Equity ETF by 0.8% in the second quarter. Silverlake Wealth Management LLC now owns 69,164 shares of the company’s stock valued at $2,211,000 after purchasing an additional 581 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $36.34 on Friday. The business’s 50 day moving average price is $35.29 and its 200 day moving average price is $34.14. The company has a market cap of $8.85 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96. Capital Group Global Growth Equity ETF has a one year low of $24.67 and a one year high of $37.10.

Capital Group Global Growth Equity ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.3978 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a yield of 227.0%.

About Capital Group Global Growth Equity ETF

The Capital Group Global Growth Equity ETF (CGGO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in US and non-US companies of any market capitalization with growth potential. CGGO was launched on Feb 22, 2022 and is managed by Capital Group.