Capital Group Global Equity ETF $CGGE Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its holdings in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 170.7% during the 3rd quarter, Holdings Channel reports. The firm owned 379,053 shares of the company’s stock after buying an additional 239,047 shares during the quarter. Benjamin Edwards Inc.’s holdings in Capital Group Global Equity ETF were worth $11,671,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Global Equity ETF by 39.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,891,480 shares of the company’s stock worth $113,592,000 after buying an additional 1,108,946 shares during the period. Cetera Investment Advisers increased its holdings in Capital Group Global Equity ETF by 56.4% in the 2nd quarter. Cetera Investment Advisers now owns 1,142,936 shares of the company’s stock worth $33,362,000 after acquiring an additional 412,304 shares in the last quarter. MML Investors Services LLC raised its position in Capital Group Global Equity ETF by 30.9% during the second quarter. MML Investors Services LLC now owns 685,472 shares of the company’s stock worth $20,009,000 after acquiring an additional 161,915 shares during the period. Investment Planning Advisors Inc. purchased a new position in Capital Group Global Equity ETF during the second quarter valued at $16,849,000. Finally, Commonwealth Equity Services LLC lifted its holdings in Capital Group Global Equity ETF by 36.0% during the third quarter. Commonwealth Equity Services LLC now owns 467,546 shares of the company’s stock valued at $14,396,000 after purchasing an additional 123,691 shares in the last quarter.

Capital Group Global Equity ETF Stock Down 0.3%

CGGE stock opened at $32.25 on Friday. The stock has a market capitalization of $1.67 billion, a P/E ratio of 24.18 and a beta of 0.72. The firm has a 50-day simple moving average of $31.43 and a 200-day simple moving average of $30.53. Capital Group Global Equity ETF has a 52 week low of $22.76 and a 52 week high of $32.51.

Capital Group Global Equity ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.1276 per share. This represents a yield of 40.0%. The ex-dividend date was Friday, December 26th.

Capital Group Global Equity ETF Company Profile

The Capital Group Global Equity ETF (CGGE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks total returns by actively managing a portfolio of companies from around the world. CGGE was launched on Jun 25, 2024 and is issued by Capital Group.