Assetmark Inc. Increases Stock Holdings in Capital Group Global Growth Equity ETF $CGGO

Assetmark Inc. boosted its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 110.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 573,593 shares of the company’s stock after acquiring an additional 301,488 shares during the quarter. Assetmark Inc. owned about 0.26% of Capital Group Global Growth Equity ETF worth $19,600,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Wedbush Securities Inc. acquired a new position in shares of Capital Group Global Growth Equity ETF during the third quarter worth $278,000. Stratos Wealth Advisors LLC lifted its holdings in Capital Group Global Growth Equity ETF by 20.0% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 17,133 shares of the company’s stock worth $585,000 after buying an additional 2,861 shares in the last quarter. BridgePort Financial Solutions LLC boosted its position in Capital Group Global Growth Equity ETF by 2.4% in the 3rd quarter. BridgePort Financial Solutions LLC now owns 25,748 shares of the company’s stock valued at $880,000 after buying an additional 592 shares during the last quarter. Prospera Financial Services Inc boosted its position in Capital Group Global Growth Equity ETF by 0.7% in the 3rd quarter. Prospera Financial Services Inc now owns 619,842 shares of the company’s stock valued at $21,188,000 after buying an additional 4,271 shares during the last quarter. Finally, Western Wealth Management LLC grew its stake in shares of Capital Group Global Growth Equity ETF by 133.9% during the third quarter. Western Wealth Management LLC now owns 26,997 shares of the company’s stock valued at $922,000 after acquiring an additional 15,453 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA:CGGO opened at $36.13 on Friday. The stock has a market cap of $8.82 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96. The business’s 50-day simple moving average is $35.63 and its 200 day simple moving average is $34.42. Capital Group Global Growth Equity ETF has a one year low of $24.67 and a one year high of $37.10.

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 given a dividend of $0.3978 per share. The ex-dividend date was Friday, December 26th. This represents a dividend yield of 227.0%.

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.