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

Benjamin Edwards Inc. lifted its position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 42.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 208,349 shares of the company’s stock after buying an additional 61,983 shares during the quarter. Benjamin Edwards Inc. owned approximately 0.68% of Capital Group New Geography Equity ETF worth $6,438,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Royal Bank of Canada increased its holdings in Capital Group New Geography Equity ETF by 2,330.7% during the 1st quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock valued at $8,817,000 after acquiring an additional 336,020 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Capital Group New Geography Equity ETF in the first quarter valued at approximately $1,845,000. Lincoln Capital Corp increased its stake in shares of Capital Group New Geography Equity ETF by 82.7% during the 2nd quarter. Lincoln Capital Corp now owns 225,950 shares of the company’s stock worth $6,510,000 after purchasing an additional 102,311 shares in the last quarter. Sovran Advisors LLC acquired a new position in shares of Capital Group New Geography Equity ETF during the 2nd quarter worth approximately $408,000. Finally, Cypress Point Wealth Management LLC acquired a new position in shares of Capital Group New Geography Equity ETF during the 2nd quarter worth approximately $333,000.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA:CGNG opened at $33.20 on Friday. The business’s fifty day moving average price is $31.85 and its two-hundred day moving average price is $30.57. The stock has a market cap of $1.31 billion, a PE ratio of 19.57 and a beta of 0.55. Capital Group New Geography Equity ETF has a one year low of $22.22 and a one year high of $33.35.

Capital Group New Geography Equity ETF Dividend Announcement

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