Capital Group Global Growth Equity ETF $CGGO Shares Bought by Truist Financial Corp

Truist Financial Corp lifted its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 65.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 132,018 shares of the company’s stock after purchasing an additional 52,396 shares during the period. Truist Financial Corp’s holdings in Capital Group Global Growth Equity ETF were worth $4,511,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Richardson Capital Management LLC increased its position 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 worth $49,000 after purchasing an additional 1,237 shares in the last quarter. Creative Financial Designs Inc. ADV boosted 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 valued at $84,000 after buying an additional 1,217 shares during the last quarter. Mather Group LLC. purchased a new position in shares of Capital Group Global Growth Equity ETF during the 3rd quarter valued at approximately $95,000. IFP Advisors Inc increased its holdings in Capital Group Global Growth Equity ETF by 123.6% in the second 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 last quarter. Finally, Root Financial Partners LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the 3rd quarter valued at about $189,000.

Capital Group Global Growth Equity ETF Trading Down 1.6%

NYSEARCA CGGO opened at $35.64 on Thursday. The stock has a market cap of $8.70 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96. The company has a 50-day moving average price of $35.42 and a two-hundred day moving average price of $34.24. Capital Group Global Growth Equity ETF has a 52 week low of $24.67 and a 52 week high of $37.10.

Capital Group Global Growth Equity ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 29th. Shareholders 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 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.