MAI Capital Management Increases Stock Holdings in Capital Group Global Growth Equity ETF $CGGO

MAI Capital Management increased its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 11.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 247,665 shares of the company’s stock after acquiring an additional 25,152 shares during the quarter. MAI Capital Management’s holdings in Capital Group Global Growth Equity ETF were worth $8,463,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Richardson Capital Management LLC grew its stake in shares of Capital Group Global Growth Equity ETF by 658.0% in the 3rd quarter. Richardson Capital Management LLC now owns 1,425 shares of the company’s stock valued at $49,000 after buying an additional 1,237 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 102.8% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,989 shares of the company’s stock valued at $69,000 after buying an additional 1,008 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in Capital Group Global Growth Equity ETF by 85.6% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,638 shares of the company’s stock valued at $84,000 after acquiring an additional 1,217 shares during the last quarter. Mather Group LLC. purchased a new position in Capital Group Global Growth Equity ETF in the third quarter worth approximately $95,000. Finally, Root Financial Partners LLC purchased a new position in Capital Group Global Growth Equity ETF in the third quarter worth approximately $189,000.

Capital Group Global Growth Equity ETF Stock Down 0.1%

Shares of Capital Group Global Growth Equity ETF stock opened at $36.92 on Friday. The firm has a market cap of $9.01 billion, a PE ratio of 22.37 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 52 week low of $24.67 and a 52 week high of $37.10. The business’s fifty day simple moving average is $35.96 and its 200-day simple moving average is $34.67.

Capital Group Global Growth Equity ETF Announces Dividend

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

Capital Group Global Growth Equity ETF Profile

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.