106,600 Shares in Capital Group Global Equity ETF $CGGE Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) in the third quarter, according to its most recent filing with the SEC. The fund acquired 106,600 shares of the company’s stock, valued at approximately $3,282,000. Park Avenue Securities LLC owned approximately 0.30% of Capital Group Global Equity ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CGGE. CWM LLC bought a new position in shares of Capital Group Global Equity ETF in the second quarter worth $29,000. IFP Advisors Inc lifted its holdings in Capital Group Global Equity ETF by 80.2% during the 2nd quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock worth $35,000 after purchasing an additional 539 shares in the last quarter. Financial Perspectives Inc bought a new position in Capital Group Global Equity ETF in the 3rd quarter worth about $35,000. Whipplewood Advisors LLC bought a new position in Capital Group Global Equity ETF in the 2nd quarter worth about $42,000. Finally, Farther Finance Advisors LLC grew 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 buying an additional 5,203 shares in the last quarter.

Capital Group Global Equity ETF Trading Up 1.1%

Shares of Capital Group Global Equity ETF stock opened at $32.60 on Friday. Capital Group Global Equity ETF has a 12-month low of $22.76 and a 12-month high of $32.65. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 24.18 and a beta of 0.72. The company’s 50-day moving average price is $31.46 and its 200-day moving average price is $30.56.

Capital Group Global Equity ETF Announces Dividend

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