Ergawealth Advisors Inc. Grows Stake in Capital Group Global Growth Equity ETF $CGGO

Ergawealth Advisors Inc. grew its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 266.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 210,213 shares of the company’s stock after purchasing an additional 152,858 shares during the quarter. Capital Group Global Growth Equity ETF accounts for 3.3% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its 11th biggest position. Ergawealth Advisors Inc. owned 0.10% of Capital Group Global Growth Equity ETF worth $7,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. Raymond James Financial Inc. lifted its position in Capital Group Global Growth Equity ETF by 0.6% during the 2nd quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock worth $385,555,000 after acquiring an additional 71,961 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of 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 valued at $228,287,000 after purchasing an additional 1,431,332 shares during the period. Cetera Investment Advisers lifted its position in shares of Capital Group Global Growth Equity ETF by 81.9% during the second quarter. Cetera Investment Advisers now owns 5,855,934 shares of the company’s stock worth $187,214,000 after purchasing an additional 2,636,977 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 3.3% in the second quarter. Commonwealth Equity Services LLC now owns 5,013,064 shares of the company’s stock valued at $160,268,000 after purchasing an additional 160,219 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in 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 valued at $139,464,000 after purchasing an additional 435,304 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Capital Group Global Growth Equity ETF stock opened at $34.85 on Tuesday. Capital Group Global Growth Equity ETF has a 12-month low of $24.67 and a 12-month high of $35.60. The company has a market capitalization of $7.75 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96. The firm’s fifty day moving average price is $34.57 and its 200 day moving average price is $33.45.

Capital Group Global Growth Equity ETF Announces Dividend

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