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

MAI Capital Management lifted its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 11.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,665 shares of the company’s stock after purchasing an additional 25,152 shares during the period. MAI Capital Management owned about 0.11% of Capital Group Global Growth Equity ETF worth $8,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Richardson Capital Management LLC increased its holdings in Capital Group Global Growth Equity ETF by 658.0% in the third 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 in the last quarter. TD Waterhouse Canada Inc. grew 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 acquiring an additional 1,008 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of Capital Group Global Growth Equity ETF by 85.6% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,638 shares of the company’s stock valued at $84,000 after purchasing an additional 1,217 shares in the last quarter. Mather Group LLC. acquired a new position in Capital Group Global Growth Equity ETF in the 3rd quarter worth about $95,000. Finally, Root Financial Partners LLC acquired a new position in Capital Group Global Growth Equity ETF in the 3rd quarter worth about $189,000.

Capital Group Global Growth Equity ETF Trading Down 0.1%

Shares of CGGO opened at $36.92 on Friday. The firm has a market cap of $9.01 billion, a P/E ratio of 22.37 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 12 month low of $24.67 and a 12 month high of $37.10. The stock’s 50 day moving average is $35.96 and its two-hundred day moving average is $34.67.

Capital Group Global Growth Equity ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $0.3978 dividend. 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.