Envestnet Asset Management Inc. Has $322.34 Million Holdings in Capital Group Global Equity ETF $CGGE

Envestnet Asset Management Inc. grew its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 169.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 10,468,946 shares of the company’s stock after acquiring an additional 6,577,466 shares during the period. Envestnet Asset Management Inc. owned 27.26% of Capital Group Global Equity ETF worth $322,339,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC acquired a new position in Capital Group Global Equity ETF in the 2nd quarter worth about $29,000. Financial Perspectives Inc bought a new stake in shares of Capital Group Global Equity ETF during the third quarter worth about $35,000. IFP Advisors Inc increased 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 valued at $35,000 after buying an additional 539 shares during the period. Whipplewood Advisors LLC acquired a new position in shares of Capital Group Global Equity ETF in the second quarter valued at approximately $42,000. Finally, Farther Finance Advisors LLC boosted its position in Capital Group Global Equity ETF by 837.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,824 shares of the company’s stock worth $179,000 after buying an additional 5,203 shares during the period.

Capital Group Global Equity ETF Stock Performance

CGGE stock opened at $32.28 on Thursday. The company has a market capitalization of $1.96 billion, a P/E ratio of 24.18 and a beta of 0.72. The company has a fifty day moving average price of $32.01 and a 200-day moving average price of $31.01. Capital Group Global Equity ETF has a 52-week low of $22.76 and a 52-week high of $32.94.

Capital Group Global Equity ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued 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.