Commonwealth Equity Services LLC Buys 123,691 Shares of Capital Group Global Equity ETF $CGGE

Commonwealth Equity Services LLC lifted its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 36.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 467,546 shares of the company’s stock after purchasing an additional 123,691 shares during the period. Commonwealth Equity Services LLC owned about 1.31% of Capital Group Global Equity ETF worth $14,396,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. CWM LLC purchased a new stake in Capital Group Global Equity ETF during the 2nd quarter valued at $29,000. IFP Advisors Inc raised its stake in shares of Capital Group Global Equity ETF by 80.2% during the second quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock valued at $35,000 after acquiring an additional 539 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Capital Group Global Equity ETF during the second quarter worth about $42,000. Farther Finance Advisors LLC grew its stake in shares of Capital Group Global Equity ETF by 837.8% in the third quarter. Farther Finance Advisors LLC now owns 5,824 shares of the company’s stock worth $179,000 after purchasing an additional 5,203 shares during the last quarter. Finally, PFG Advisors bought a new stake in shares of Capital Group Global Equity ETF in the second quarter worth about $202,000.

Capital Group Global Equity ETF Price Performance

Shares of NYSEARCA:CGGE opened at $32.60 on Friday. The stock’s 50-day moving average is $31.46 and its 200 day moving average is $30.58. The company has a market cap of $1.69 billion, a PE ratio of 24.18 and a beta of 0.72. Capital Group Global Equity ETF has a 1 year low of $22.76 and a 1 year high of $32.65.

Capital Group Global Equity ETF Dividend Announcement

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

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.