Wedbush Securities Inc. Acquires Shares of 24,823 Capital Group Global Equity ETF $CGGE

Wedbush Securities Inc. bought a new position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 24,823 shares of the company’s stock, valued at approximately $764,000.

Several other institutional investors have also modified their holdings of CGGE. DAVENPORT & Co LLC grew its stake in Capital Group Global Equity ETF by 4.2% during the 3rd quarter. DAVENPORT & Co LLC now owns 8,750 shares of the company’s stock valued at $269,000 after purchasing an additional 350 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of 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 valued at $35,000 after buying an additional 539 shares during the last quarter. CWM LLC purchased a new position in shares of Capital Group Global Equity ETF during the 2nd quarter valued at approximately $29,000. Financial Perspectives Inc acquired a new stake in shares of Capital Group Global Equity ETF during the third quarter worth approximately $35,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of Capital Group Global Equity ETF in the second quarter worth $42,000.

Capital Group Global Equity ETF Price Performance

CGGE opened at $32.43 on Friday. Capital Group Global Equity ETF has a 12-month low of $22.76 and a 12-month high of $32.94. The stock has a market capitalization of $1.97 billion, a PE ratio of 24.18 and a beta of 0.72. The firm’s fifty day moving average price is $32.17 and its 200 day moving average price is $31.16.

Capital Group Global Equity ETF Announces Dividend

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

Capital Group Global Equity ETF 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.