Capital Group Global Equity ETF $CGGE Holdings Lifted by Assetmark Inc.

Assetmark Inc. grew its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 2,176.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 971,546 shares of the company’s stock after acquiring an additional 928,859 shares during the quarter. Assetmark Inc. owned about 2.49% of Capital Group Global Equity ETF worth $29,914,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGGE. DAVENPORT & Co LLC grew its position in Capital Group Global Equity ETF by 4.2% during the 3rd quarter. DAVENPORT & Co LLC now owns 8,750 shares of the company’s stock worth $269,000 after purchasing an additional 350 shares in 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 acquiring an additional 539 shares during the last quarter. CWM LLC bought a new stake in shares of Capital Group Global Equity ETF in the second quarter valued at about $29,000. Financial Perspectives Inc bought a new position in Capital Group Global Equity ETF in the third quarter worth $35,000. Finally, Whipplewood Advisors LLC acquired a new stake in Capital Group Global Equity ETF during the second quarter worth $42,000.

Capital Group Global Equity ETF Stock Up 0.3%

Shares of Capital Group Global Equity ETF stock opened at $32.43 on Friday. The stock has a market capitalization of $1.97 billion, a P/E 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 $32.94. The company has a 50-day simple moving average of $32.17 and a 200 day simple moving average of $31.14.

Capital Group Global Equity ETF Announces Dividend

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