James Reed Financial Services Inc. Sells 23,133 Shares of Capital Group Global Equity ETF $CGGE

James Reed Financial Services Inc. lessened its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 5.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 372,345 shares of the company’s stock after selling 23,133 shares during the quarter. Capital Group Global Equity ETF accounts for 10.3% of James Reed Financial Services Inc.’s portfolio, making the stock its 5th largest position. James Reed Financial Services Inc.’s holdings in Capital Group Global Equity ETF were worth $11,465,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWM LLC purchased a new position in shares of Capital Group Global Equity ETF during the 2nd quarter valued at approximately $29,000. IFP Advisors Inc increased its stake in shares of Capital Group Global Equity ETF by 80.2% in the second quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock worth $35,000 after buying an additional 539 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in Capital Group Global Equity ETF in the second quarter valued at $42,000. Farther Finance Advisors LLC raised its holdings in Capital Group Global Equity ETF by 837.8% in the third quarter. Farther Finance Advisors LLC now owns 5,824 shares of the company’s stock valued at $179,000 after acquiring an additional 5,203 shares in the last quarter. Finally, PFG Advisors bought a new position in Capital Group Global Equity ETF during the 2nd quarter valued at $202,000.

Capital Group Global Equity ETF Price Performance

Shares of CGGE stock opened at $32.01 on Friday. The firm has a fifty day moving average of $31.28 and a two-hundred day moving average of $30.28. The firm has a market cap of $1.25 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 $32.02.

Capital Group Global Equity ETF Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be issued a $0.1276 dividend. This represents a yield of 40.0%. The ex-dividend date of this dividend is 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.