Capital Group Private Client Services Inc. Has $137.97 Million Holdings in Capital Group Global Equity ETF $CGGE

Capital Group Private Client Services Inc. raised its position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 62.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,480,995 shares of the company’s stock after buying an additional 1,722,096 shares during the period. Capital Group Global Equity ETF comprises about 2.3% of Capital Group Private Client Services Inc.’s investment portfolio, making the stock its 9th biggest holding. Capital Group Private Client Services Inc. owned approximately 0.11% of Capital Group Global Equity ETF worth $137,970,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Financial Perspectives Inc purchased a new stake in shares of Capital Group Global Equity ETF during the third quarter worth about $35,000. Ameritas Advisory Services LLC bought a new stake in shares of Capital Group Global Equity ETF in the third quarter worth about $49,000. Farther Finance Advisors LLC increased its holdings 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 valued at $179,000 after purchasing an additional 5,203 shares during the period. PFG Advisors purchased a new position in Capital Group Global Equity ETF during the 2nd quarter valued at about $202,000. Finally, Geneos Wealth Management Inc. raised its position in Capital Group Global Equity ETF by 1,170.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 7,129 shares of the company’s stock valued at $208,000 after purchasing an additional 6,568 shares during the last quarter.

Capital Group Global Equity ETF Stock Performance

NYSEARCA CGGE opened at $31.84 on Tuesday. Capital Group Global Equity ETF has a fifty-two week low of $22.76 and a fifty-two week high of $33.20. The stock has a 50 day simple moving average of $32.45 and a two-hundred day simple moving average of $31.49. The stock has a market cap of $1.93 billion, a P/E ratio of 24.18 and a beta of 0.72.

Capital Group Global Equity ETF Announces Dividend

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

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.