Financial Advocates Investment Management Sells 21,512 Shares of Capital Group Global Growth Equity ETF $CGGO

Financial Advocates Investment Management lowered its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 49.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 21,959 shares of the company’s stock after selling 21,512 shares during the quarter. Financial Advocates Investment Management’s holdings in Capital Group Global Growth Equity ETF were worth $750,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CGGO. Raymond James Financial Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 0.6% in the 2nd quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock valued at $385,555,000 after acquiring an additional 71,961 shares during the period. Envestnet Asset Management Inc. increased its stake in Capital Group Global Growth Equity ETF by 29.0% in the third quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock valued at $314,685,000 after purchasing an additional 2,068,733 shares in the last quarter. Cetera Investment Advisers increased its stake in Capital Group Global Growth Equity ETF by 81.9% in the second quarter. Cetera Investment Advisers now owns 5,855,934 shares of the company’s stock valued at $187,214,000 after purchasing an additional 2,636,977 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Capital Group Global Growth Equity ETF by 2.0% in the third quarter. Commonwealth Equity Services LLC now owns 5,113,876 shares of the company’s stock worth $174,741,000 after purchasing an additional 100,812 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of Capital Group Global Growth Equity ETF by 11.1% during the second quarter. Osaic Holdings Inc. now owns 4,365,979 shares of the company’s stock worth $139,464,000 after purchasing an additional 435,304 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Down 1.4%

NYSEARCA:CGGO opened at $35.97 on Friday. Capital Group Global Growth Equity ETF has a 1 year low of $24.67 and a 1 year high of $37.10. The stock has a 50-day moving average price of $35.61 and a two-hundred day moving average price of $34.38. The stock has a market cap of $8.78 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96.

Capital Group Global Growth Equity ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 29th. Investors 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.