Envestnet Asset Management Inc. Purchases 2,068,733 Shares of Capital Group Global Growth Equity ETF $CGGO

Envestnet Asset Management Inc. increased its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 29.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,209,394 shares of the company’s stock after acquiring an additional 2,068,733 shares during the period. Envestnet Asset Management Inc. owned about 4.14% of Capital Group Global Growth Equity ETF worth $314,685,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of CGGO. Richardson Capital Management LLC lifted its stake in Capital Group Global Growth Equity ETF by 658.0% during the 3rd quarter. Richardson Capital Management LLC now owns 1,425 shares of the company’s stock valued at $49,000 after acquiring an additional 1,237 shares during the period. TD Waterhouse Canada Inc. grew its position in Capital Group Global Growth Equity ETF by 102.8% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,989 shares of the company’s stock worth $69,000 after purchasing an additional 1,008 shares during the period. Creative Financial Designs Inc. ADV grew its position in 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 worth $84,000 after purchasing an additional 1,217 shares during the period. Mather Group LLC. purchased a new stake in Capital Group Global Growth Equity ETF during the 3rd quarter valued at $95,000. Finally, IFP Advisors Inc lifted its holdings in shares of Capital Group Global Growth Equity ETF by 123.6% during the 2nd quarter. IFP Advisors Inc now owns 5,293 shares of the company’s stock valued at $169,000 after buying an additional 2,926 shares during the period.

Capital Group Global Growth Equity ETF Price Performance

CGGO stock 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. Capital Group Global Growth Equity ETF has a 1 year low of $24.67 and a 1 year high of $37.10. The stock’s fifty day moving average price is $35.42 and its 200-day moving average price is $34.24.

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 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.