Intrua Financial LLC Boosts Stake in Capital Group Global Equity ETF $CGGE

Intrua Financial LLC raised its position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 45.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,966 shares of the company’s stock after buying an additional 56,096 shares during the quarter. Capital Group Global Equity ETF comprises 0.6% of Intrua Financial LLC’s portfolio, making the stock its 26th biggest holding. Intrua Financial LLC owned approximately 0.47% of Capital Group Global Equity ETF worth $5,541,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CGGE. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Global Equity ETF by 39.9% in the second quarter. Envestnet Asset Management Inc. now owns 3,891,480 shares of the company’s stock valued at $113,592,000 after purchasing an additional 1,108,946 shares in the last quarter. Investment Planning Advisors Inc. bought a new position in Capital Group Global Equity ETF during the second quarter valued at $16,849,000. NewEdge Advisors LLC purchased a new position in shares of Capital Group Global Equity ETF in the 2nd quarter worth $12,547,000. Cetera Investment Advisers increased its holdings in shares of 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 buying an additional 412,304 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of Capital Group Global Equity ETF by 170.7% during the 3rd quarter. Benjamin Edwards Inc. now owns 379,053 shares of the company’s stock valued at $11,671,000 after buying an additional 239,047 shares in the last quarter.

Capital Group Global Equity ETF Trading Up 0.3%

Shares of NYSEARCA:CGGE opened at $32.73 on Monday. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 24.18 and a beta of 0.72. Capital Group Global Equity ETF has a 12 month low of $22.76 and a 12 month high of $32.81. The company has a 50-day moving average price of $31.62 and a 200 day moving average price of $30.72.

Capital Group Global Equity ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a $0.1276 dividend. The ex-dividend date 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.