Capital Group Global Equity ETF $CGGE Shares Bought by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. raised its stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 61.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 229,133 shares of the company’s stock after buying an additional 86,896 shares during the period. Cullen Frost Bankers Inc.’s holdings in Capital Group Global Equity ETF were worth $7,055,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Jane Street Group LLC boosted its position in shares of Capital Group Global Equity ETF by 760.2% during the 1st quarter. Jane Street Group LLC now owns 114,653 shares of the company’s stock valued at $2,965,000 after acquiring an additional 101,325 shares during the last quarter. ORG Partners LLC raised its stake in Capital Group Global Equity ETF by 1,459.7% during the second quarter. ORG Partners LLC now owns 18,950 shares of the company’s stock worth $550,000 after purchasing an additional 17,735 shares during the period. Venture Visionary Partners LLC acquired a new position in Capital Group Global Equity ETF in the 2nd quarter valued at about $873,000. Janney Montgomery Scott LLC purchased a new stake in shares of Capital Group Global Equity ETF in the 2nd quarter valued at approximately $1,561,000. Finally, Truist Financial Corp increased its holdings in shares of Capital Group Global Equity ETF by 5.9% during the 2nd quarter. Truist Financial Corp now owns 59,497 shares of the company’s stock worth $1,737,000 after buying an additional 3,324 shares during the last quarter.

Capital Group Global Equity ETF Stock Performance

CGGE opened at $32.39 on Monday. The stock has a market capitalization of $1.87 billion, a PE ratio of 24.18 and a beta of 0.72. Capital Group Global Equity ETF has a one year low of $22.76 and a one year high of $32.81. The business’s 50 day moving average price is $31.71 and its 200 day moving average price is $30.83.

Capital Group Global Equity ETF Dividend Announcement

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

Capital Group Global Equity ETF 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.