Valmark Advisers Inc. Buys 47,561 Shares of Capital Group Global Equity ETF $CGGE

Valmark Advisers Inc. boosted its stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 168.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 75,798 shares of the company’s stock after buying an additional 47,561 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Global Equity ETF were worth $2,334,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. CWM LLC bought a new stake in shares of Capital Group Global Equity ETF during the second quarter worth approximately $29,000. IFP Advisors Inc increased its stake in shares of Capital Group Global Equity ETF by 80.2% during the second quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock worth $35,000 after purchasing an additional 539 shares during the period. Financial Perspectives Inc acquired a new stake in Capital Group Global Equity ETF during the 3rd quarter worth approximately $35,000. Whipplewood Advisors LLC acquired a new stake in Capital Group Global Equity ETF during the 2nd quarter worth approximately $42,000. Finally, Farther Finance Advisors LLC boosted its stake in Capital Group Global Equity ETF by 837.8% in 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.

Capital Group Global Equity ETF Price Performance

Shares of NYSEARCA CGGE opened at $32.60 on Friday. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 24.18 and a beta of 0.72. The stock’s fifty day moving average price is $31.46 and its two-hundred day moving average price is $30.58. Capital Group Global Equity ETF has a one year low of $22.76 and a one year high of $32.65.

Capital Group Global Equity ETF Dividend Announcement

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

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.