Truist Financial Corp Boosts Holdings in Capital Group Global Growth Equity ETF $CGGO

Truist Financial Corp increased its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 65.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,018 shares of the company’s stock after purchasing an additional 52,396 shares during the period. Truist Financial Corp owned approximately 0.06% of Capital Group Global Growth Equity ETF worth $4,511,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Cetera Investment Advisers increased its holdings in shares of Capital Group Global Growth Equity ETF by 81.9% in the 2nd 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. Envestnet Asset Management Inc. increased its position in Capital Group Global Growth Equity ETF by 25.1% during the second quarter. Envestnet Asset Management Inc. now owns 7,140,661 shares of the company’s stock worth $228,287,000 after buying an additional 1,431,332 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 49.8% during the second quarter. NewEdge Advisors LLC now owns 1,366,646 shares of the company’s stock valued at $43,692,000 after acquiring an additional 454,192 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of Capital Group Global Growth Equity ETF by 11.1% during the 2nd 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 during the last quarter. Finally, Bank of America Corp DE boosted its position in Capital Group Global Growth Equity ETF by 19.7% during the second quarter. Bank of America Corp DE now owns 2,285,289 shares of the company’s stock worth $73,061,000 after acquiring an additional 375,569 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Down 1.6%

Shares of NYSEARCA:CGGO opened at $35.64 on Thursday. The company has a market cap of $8.70 billion, a P/E ratio of 22.37 and a beta of 0.96. The business has a fifty day simple moving average of $35.42 and a 200-day simple moving average of $34.24. Capital Group Global Growth Equity ETF has a 52 week low of $24.67 and a 52 week high of $37.10.

Capital Group Global Growth Equity ETF Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend yield of 227.0%.

Capital Group Global Growth Equity ETF Company 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.