Vestmark Advisory Solutions Inc. Acquires New Holdings in Capital Group Global Equity ETF $CGGE

Vestmark Advisory Solutions Inc. bought a new position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 662,249 shares of the company’s stock, valued at approximately $20,391,000. Vestmark Advisory Solutions Inc. owned about 1.70% of Capital Group Global Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Global Equity ETF by 169.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock valued at $322,339,000 after acquiring an additional 6,577,466 shares during the last quarter. Assetmark Inc. increased its holdings 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 purchasing an additional 928,859 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Capital Group Global Equity ETF during the second quarter valued at about $12,547,000. Cetera Investment Advisers boosted its stake in shares of Capital Group Global Equity ETF by 56.4% during the second quarter. Cetera Investment Advisers now owns 1,142,936 shares of the company’s stock valued at $33,362,000 after purchasing an additional 412,304 shares in the last quarter. Finally, Smartleaf Asset Management LLC bought a new stake in shares of Capital Group Global Equity ETF during the third quarter worth about $9,289,000.

Capital Group Global Equity ETF Price Performance

Capital Group Global Equity ETF stock opened at $32.99 on Friday. The business has a 50 day moving average of $32.28 and a 200-day moving average of $31.28. The company has a market capitalization of $2.00 billion, a P/E ratio of 24.18 and a beta of 0.72. Capital Group Global Equity ETF has a 1 year low of $22.76 and a 1 year high of $33.00.

Capital Group Global Equity ETF Dividend Announcement

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

About Capital Group Global Equity ETF

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.