Capital Group Private Client Services Inc. Has $692.93 Million Stock Position in Capital Group Global Growth Equity ETF $CGGO

Capital Group Private Client Services Inc. raised its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 11.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 20,278,872 shares of the company’s stock after purchasing an additional 2,058,313 shares during the period. Capital Group Global Growth Equity ETF accounts for 11.6% of Capital Group Private Client Services Inc.’s holdings, making the stock its 2nd biggest position. Capital Group Private Client Services Inc. owned about 0.09% of Capital Group Global Growth Equity ETF worth $692,929,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Huntington National Bank purchased a new position in shares of Capital Group Global Growth Equity ETF in the 3rd quarter worth approximately $48,000. Richardson Capital Management LLC increased its position in shares of Capital Group Global Growth Equity ETF by 658.0% during the third quarter. Richardson Capital Management LLC now owns 1,425 shares of the company’s stock valued at $49,000 after acquiring an additional 1,237 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Capital Group Global Growth Equity ETF by 102.8% during the third quarter. TD Waterhouse Canada Inc. now owns 1,989 shares of the company’s stock valued at $69,000 after acquiring an additional 1,008 shares during the last quarter. Mather Group LLC. bought a new stake in Capital Group Global Growth Equity ETF during the third quarter worth $95,000. Finally, Root Financial Partners LLC bought a new stake in Capital Group Global Growth Equity ETF during the third quarter worth $189,000.

Capital Group Global Growth Equity ETF Trading Up 1.3%

CGGO stock opened at $35.25 on Tuesday. The stock has a market cap of $8.60 billion, a P/E ratio of 22.37 and a beta of 0.96. The stock’s fifty day simple moving average is $36.05 and its two-hundred day simple moving average is $34.84. Capital Group Global Growth Equity ETF has a 1-year low of $24.67 and a 1-year high of $37.10.

Capital Group Global Growth Equity ETF Dividend Announcement

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

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.