Capital Group New Geography Equity ETF $CGNG Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 42.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 208,349 shares of the company’s stock after acquiring an additional 61,983 shares during the period. Benjamin Edwards Inc.’s holdings in Capital Group New Geography Equity ETF were worth $6,438,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers boosted its position in Capital Group New Geography Equity ETF by 503.4% during the second quarter. Cetera Investment Advisers now owns 1,291,547 shares of the company’s stock worth $37,209,000 after acquiring an additional 1,077,493 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Capital Group New Geography Equity ETF during the 2nd quarter worth $16,600,000. Petredis Investment Advisors LLC acquired a new stake in shares of Capital Group New Geography Equity ETF during the second quarter worth $13,706,000. Merit Financial Group LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 1,633.1% during the third quarter. Merit Financial Group LLC now owns 498,401 shares of the company’s stock worth $15,401,000 after purchasing an additional 469,644 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Capital Group New Geography Equity ETF by 139.7% in the third quarter. Commonwealth Equity Services LLC now owns 784,620 shares of the company’s stock valued at $24,245,000 after purchasing an additional 457,323 shares during the period.

Capital Group New Geography Equity ETF Trading Up 0.7%

Capital Group New Geography Equity ETF stock opened at $33.20 on Friday. The stock has a fifty day moving average price of $31.85 and a 200 day moving average price of $30.57. Capital Group New Geography Equity ETF has a 52 week low of $22.22 and a 52 week high of $33.35. The firm has a market capitalization of $1.31 billion, a P/E ratio of 19.57 and a beta of 0.55.

Capital Group New Geography Equity ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a dividend of $0.217 per share. This represents a dividend yield of 67.0%. The ex-dividend date was Friday, December 26th.

About Capital Group New Geography Equity ETF

The Capital Group New Geography Equity ETF (CGNG) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investment in companies from the emerging markets, may include frontier markets securities. CGNG was launched on Jun 25, 2024 and is issued by Capital Group.