Capital Group Global Equity ETF $CGGE Position Boosted by PFG Advisors

PFG Advisors lifted its stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 267.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,361 shares of the company’s stock after purchasing an additional 18,457 shares during the quarter. PFG Advisors’ holdings in Capital Group Global Equity ETF were worth $781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Global Equity ETF by 169.0% during the third quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock worth $322,339,000 after purchasing an additional 6,577,466 shares during the period. Cetera Investment Advisers lifted its position in 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 in the last quarter. Assetmark Inc. lifted its position in Capital Group Global Equity ETF by 2,176.0% in the 3rd quarter. Assetmark Inc. now owns 971,546 shares of the company’s stock worth $29,914,000 after buying an additional 928,859 shares in the last quarter. MML Investors Services LLC boosted its stake in shares of Capital Group Global Equity ETF by 30.9% during the 2nd quarter. MML Investors Services LLC now owns 685,472 shares of the company’s stock valued at $20,009,000 after buying an additional 161,915 shares during the period. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in shares of Capital Group Global Equity ETF during the 3rd quarter valued at $20,391,000.

Capital Group Global Equity ETF Stock Down 0.3%

Capital Group Global Equity ETF stock opened at $31.75 on Thursday. Capital Group Global Equity ETF has a 12 month low of $22.76 and a 12 month high of $33.20. The stock has a market cap of $1.93 billion, a P/E ratio of 24.18 and a beta of 0.72. The company’s fifty day simple moving average is $32.45 and its 200-day simple moving average is $31.50.

Capital Group Global Equity ETF Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Friday, December 26th. This represents a 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.