Rather & Kittrell Inc. Increases Position in Capital Group Global Growth Equity ETF $CGGO

Rather & Kittrell Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 412.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,527 shares of the company’s stock after purchasing an additional 49,514 shares during the quarter. Capital Group Global Growth Equity ETF accounts for 0.4% of Rather & Kittrell Inc.’s portfolio, making the stock its 28th largest position. Rather & Kittrell Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $2,102,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. boosted its stake in shares of Capital Group Global Growth Equity ETF by 0.6% during the 2nd quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock valued at $385,555,000 after buying an additional 71,961 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Capital Group Global Growth Equity ETF by 25.1% in the second 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 raised its holdings in Capital Group Global Growth Equity ETF by 81.9% in the second 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 stake 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 valued at $174,741,000 after acquiring an additional 100,812 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in Capital Group Global Growth Equity ETF by 11.1% during the 2nd quarter. Osaic Holdings Inc. now owns 4,365,979 shares of the company’s stock worth $139,464,000 after acquiring an additional 435,304 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

CGGO opened at $36.21 on Friday. The company has a market capitalization of $8.63 billion, a P/E ratio of 22.37 and a beta of 0.96. The company has a 50-day moving average of $34.80 and a 200-day moving average of $33.84. Capital Group Global Growth Equity ETF has a 1-year low of $24.67 and a 1-year high of $36.33.

Capital Group Global Growth Equity ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.3978 per share. The ex-dividend date was Friday, December 26th. This represents a 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.