Assetmark Inc. Acquires 213,493 Shares of Capital Group New Geography Equity ETF $CGNG

Assetmark Inc. boosted its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 1,343.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 229,386 shares of the company’s stock after buying an additional 213,493 shares during the quarter. Assetmark Inc.’s holdings in Capital Group New Geography Equity ETF were worth $7,088,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CGNG. Valmark Advisers Inc. acquired a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at about $663,000. World Investment Advisors purchased a new position in Capital Group New Geography Equity ETF during the second quarter worth approximately $205,000. Cornell Pochily Investment Advisors Inc. grew its holdings in Capital Group New Geography Equity ETF by 117.6% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 41,891 shares of the company’s stock valued at $1,294,000 after purchasing an additional 22,639 shares during the period. Orion Porfolio Solutions LLC increased its position in shares of Capital Group New Geography Equity ETF by 106.9% in the second quarter. Orion Porfolio Solutions LLC now owns 58,584 shares of the company’s stock valued at $1,688,000 after buying an additional 30,265 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc raised its stake in shares of Capital Group New Geography Equity ETF by 443.9% during the 3rd quarter. Armstrong Fleming & Moore Inc now owns 83,511 shares of the company’s stock worth $2,580,000 after buying an additional 68,156 shares during the period.

Capital Group New Geography Equity ETF Price Performance

Shares of NYSEARCA:CGNG opened at $34.25 on Tuesday. The business’s 50 day moving average price is $32.99 and its 200-day moving average price is $31.50. Capital Group New Geography Equity ETF has a 1 year low of $22.22 and a 1 year high of $34.90. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 19.57 and a beta of 0.55.

Capital Group New Geography Equity ETF Announces Dividend

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

Capital Group New Geography Equity ETF Company Profile

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.