Cullen Frost Bankers Inc. Has $1.40 Million Position in Capital Group New Geography Equity ETF $CGNG

Cullen Frost Bankers Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 73.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,188 shares of the company’s stock after buying an additional 19,179 shares during the period. Cullen Frost Bankers Inc. owned about 0.14% of Capital Group New Geography Equity ETF worth $1,396,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CGNG. Farther Finance Advisors LLC bought a new stake in Capital Group New Geography Equity ETF during the third quarter worth about $28,000. Geneos Wealth Management Inc. acquired a new position in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth approximately $30,000. Bfsg LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth approximately $32,000. Sittner & Nelson LLC acquired a new stake in shares of Capital Group New Geography Equity ETF in the 2nd quarter valued at approximately $37,000. Finally, Private Trust Co. NA acquired a new stake in shares of Capital Group New Geography Equity ETF in the 2nd quarter valued at approximately $80,000.

Capital Group New Geography Equity ETF Trading Up 0.3%

Shares of CGNG opened at $33.67 on Tuesday. The company’s fifty day simple moving average is $32.20 and its 200 day simple moving average is $30.95. Capital Group New Geography Equity ETF has a 1-year low of $22.22 and a 1-year high of $33.75. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 19.57 and a beta of 0.55.

Capital Group New Geography Equity ETF Announces Dividend

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

Capital Group New Geography Equity ETF 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.