Sagespring Wealth Partners LLC Has $6.96 Million Stock Position in Capital Group Global Growth Equity ETF $CGGO

Sagespring Wealth Partners LLC boosted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 9.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 200,838 shares of the company’s stock after purchasing an additional 16,793 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Capital Group Global Growth Equity ETF were worth $6,959,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Huntington National Bank bought a new position in shares of Capital Group Global Growth Equity ETF during the 3rd quarter worth approximately $48,000. Richardson Capital Management LLC increased its stake in shares of Capital Group Global Growth Equity ETF by 658.0% in 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 in the last quarter. TD Waterhouse Canada Inc. lifted 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. Allworth Financial LP lifted its position in shares of Capital Group Global Growth Equity ETF by 76.5% during the 3rd quarter. Allworth Financial LP now owns 2,423 shares of the company’s stock valued at $83,000 after acquiring an additional 1,050 shares during the period. Finally, Mather Group LLC. bought a new position in Capital Group Global Growth Equity ETF during the third quarter worth $95,000.

Capital Group Global Growth Equity ETF Stock Down 2.6%

Shares of NYSEARCA CGGO opened at $33.56 on Friday. The firm has a market cap of $8.19 billion, a PE ratio of 22.37 and a beta of 0.96. The company’s fifty day simple moving average is $35.93 and its 200 day simple moving average is $34.93. Capital Group Global Growth Equity ETF has a 12-month low of $24.67 and a 12-month high of $37.10.

Capital Group Global Growth Equity ETF Dividend Announcement

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

About Capital Group Global Growth Equity ETF

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.