Ridgeline Wealth Planning LLC Has $13.55 Million Stake in Capital Group Global Growth Equity ETF $CGGO

Ridgeline Wealth Planning LLC decreased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 12.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 396,540 shares of the company’s stock after selling 55,187 shares during the quarter. Capital Group Global Growth Equity ETF makes up 10.2% of Ridgeline Wealth Planning LLC’s portfolio, making the stock its 3rd biggest holding. Ridgeline Wealth Planning LLC’s holdings in Capital Group Global Growth Equity ETF were worth $13,550,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Berger Financial Group Inc increased its holdings 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 acquiring an additional 352 shares in the last quarter. Brighton Jones LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 5.5% in the second quarter. Brighton Jones LLC now owns 8,790 shares of the company’s stock worth $281,000 after purchasing an additional 457 shares during the period. Strategic Family Wealth Counselors L.L.C. boosted its position in shares of Capital Group Global Growth Equity ETF by 1.3% in the second 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 period. Silverlake Wealth Management LLC increased its stake 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 worth $2,211,000 after purchasing an additional 581 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its position in shares of Capital Group Global Growth Equity ETF by 3.0% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 24,865 shares of the company’s stock valued at $795,000 after purchasing an additional 714 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

CGGO opened at $36.21 on Friday. The stock has a market cap of $8.63 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96. The firm’s fifty day moving average is $34.80 and its 200 day moving average is $33.85. Capital Group Global Growth Equity ETF has a fifty-two week low of $24.67 and a fifty-two week high of $36.33.

Capital Group Global Growth Equity ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.3978 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend 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.