Valmark Advisers Inc. Raises Stake in Capital Group Global Growth Equity ETF $CGGO

by · The Cerbat Gem

Valmark Advisers Inc. increased its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Free Report) by 13.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 624,784 shares of the company’s stock after purchasing an additional 71,855 shares during the quarter. Valmark Advisers Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $21,349,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. grew its stake in Capital Group Global Growth Equity ETF by 0.6% during the second quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock worth $385,555,000 after buying an additional 71,961 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 25.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,140,661 shares of the company’s stock valued at $228,287,000 after acquiring an additional 1,431,332 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Capital Group Global Growth Equity ETF by 81.9% during the 2nd quarter. Cetera Investment Advisers now owns 5,855,934 shares of the company’s stock valued at $187,214,000 after acquiring an additional 2,636,977 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Capital Group Global Growth Equity ETF by 2.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,113,876 shares of the company’s stock worth $174,741,000 after purchasing an additional 100,812 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in Capital Group Global Growth Equity ETF by 11.1% in 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

NYSEARCA:CGGO opened at $36.05 on Friday. The business’s 50-day moving average is $34.64 and its two-hundred day moving average is $33.69. The firm has a market capitalization of $8.45 billion, a PE ratio of 22.37 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 12 month low of $24.67 and a 12 month high of $36.10.

Capital Group Global Growth Equity ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 29th. Investors 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 yield of 227.0%.

About Capital Group Global Growth Equity ETF

(Free Report)

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.

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