402,014 Shares in Capital Group Global Equity ETF $CGGE Acquired by Orion Porfolio Solutions LLC

Orion Porfolio Solutions 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 402,014 shares of the company’s stock, valued at approximately $12,378,000.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Global Equity ETF by 169.0% in the third quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock worth $322,339,000 after acquiring an additional 6,577,466 shares during the period. Cetera Investment Advisers boosted its stake 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 purchasing an additional 412,304 shares during the period. Assetmark Inc. grew its holdings in Capital Group Global Equity ETF by 2,176.0% during the 3rd quarter. Assetmark Inc. now owns 971,546 shares of the company’s stock valued at $29,914,000 after buying an additional 928,859 shares in the last quarter. MML Investors Services LLC increased its position in shares of Capital Group Global Equity ETF by 30.9% during the second 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. bought a new stake in shares of Capital Group Global Equity ETF during the third quarter valued at about $20,391,000.

Capital Group Global Equity ETF Trading Down 1.4%

CGGE stock opened at $31.77 on Friday. The firm has a 50 day moving average of $32.45 and a 200-day moving average of $31.44. The firm has a market capitalization of $1.93 billion, a P/E ratio of 24.18 and a beta of 0.72. Capital Group Global Equity ETF has a 12 month low of $22.76 and a 12 month high of $33.20.

Capital Group Global Equity ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a $0.1276 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend 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.