Assetmark Inc. Increases Holdings in Capital Group Global Equity ETF $CGGE

Assetmark Inc. increased its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 2,176.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 971,546 shares of the company’s stock after purchasing an additional 928,859 shares during the period. Assetmark Inc.’s holdings in Capital Group Global Equity ETF were worth $29,914,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in 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. IFP Advisors Inc grew its stake in shares of Capital Group Global Equity ETF by 80.2% in the second quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock worth $35,000 after purchasing an additional 539 shares during the last quarter. CWM LLC purchased a new position in Capital Group Global Equity ETF during the 2nd quarter valued at about $29,000. RFG Advisory LLC purchased a new stake in Capital Group Global Equity ETF in the second quarter worth $844,000. Finally, Harbour Investments Inc. increased its position in shares of Capital Group Global Equity ETF by 274.4% during the second quarter. Harbour Investments Inc. now owns 44,701 shares of the company’s stock valued at $1,305,000 after buying an additional 32,761 shares during the period.

Capital Group Global Equity ETF Stock Performance

Shares of NYSEARCA CGGE opened at $32.43 on Friday. Capital Group Global Equity ETF has a fifty-two week low of $22.76 and a fifty-two week high of $32.94. The company has a 50 day simple moving average of $32.17 and a two-hundred day simple moving average of $31.14. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 24.18 and a beta of 0.72.

Capital Group Global Equity ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given 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.