Valmark Advisers Inc. Acquires New Shares in Capital Group New Geography Equity ETF $CGNG

Valmark Advisers Inc. bought a new position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 21,457 shares of the company’s stock, valued at approximately $663,000. Valmark Advisers Inc. owned about 0.07% of Capital Group New Geography Equity ETF as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in Capital Group New Geography Equity ETF in the 3rd quarter worth approximately $28,000. Geneos Wealth Management Inc. purchased a new position in shares of Capital Group New Geography Equity ETF in the 3rd quarter worth $30,000. Sittner & Nelson LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the second quarter worth $37,000. Private Trust Co. NA purchased a new stake in Capital Group New Geography Equity ETF during the second quarter valued at $80,000. Finally, Rothschild Investment LLC increased its position in Capital Group New Geography Equity ETF by 220.0% during the second quarter. Rothschild Investment LLC now owns 3,200 shares of the company’s stock valued at $92,000 after acquiring an additional 2,200 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA:CGNG opened at $33.20 on Monday. The stock’s 50-day simple moving average is $31.85 and its two-hundred day simple moving average is $30.60. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 19.57 and a beta of 0.55. Capital Group New Geography Equity ETF has a 52-week low of $22.22 and a 52-week high of $33.35.

Capital Group New Geography Equity ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a dividend of $0.217 per share. This represents a 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.