Valmark Advisers Inc. Has $2.33 Million Stake in Capital Group Global Equity ETF $CGGE

Valmark Advisers Inc. grew its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 168.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,798 shares of the company’s stock after purchasing an additional 47,561 shares during the period. Valmark Advisers Inc. owned approximately 0.21% of Capital Group Global Equity ETF worth $2,334,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. CWM LLC acquired a new stake in Capital Group Global Equity ETF in the 2nd quarter valued at approximately $29,000. IFP Advisors Inc grew 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 worth $35,000 after acquiring an additional 539 shares in the last quarter. Financial Perspectives Inc bought a new position in shares of Capital Group Global Equity ETF during the 3rd quarter worth approximately $35,000. Whipplewood Advisors LLC acquired a new stake in shares of Capital Group Global Equity ETF in the second quarter valued at approximately $42,000. Finally, Farther Finance Advisors LLC lifted its position in shares of 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 worth $179,000 after purchasing an additional 5,203 shares in the last quarter.

Capital Group Global Equity ETF Trading Up 1.1%

Shares of CGGE opened at $32.60 on Friday. The stock has a market capitalization of $1.69 billion, a price-to-earnings 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 $32.65. The firm has a fifty day simple moving average of $31.46 and a 200 day simple moving average of $30.58.

Capital Group Global Equity ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a dividend of $0.1276 per share. This represents a dividend 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.