SilverOak Wealth Management LLC Takes Position in Capital Group New Geography Equity ETF $CGNG

SilverOak Wealth Management LLC bought a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 106,054 shares of the company’s stock, valued at approximately $3,277,000. Capital Group New Geography Equity ETF accounts for about 0.6% of SilverOak Wealth Management LLC’s portfolio, making the stock its 26th biggest holding. SilverOak Wealth Management LLC owned 0.35% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of CGNG. Farther Finance Advisors LLC acquired a new stake in Capital Group New Geography Equity ETF in the third quarter worth about $28,000. Geneos Wealth Management Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth about $30,000. Sittner & Nelson LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 2nd quarter worth about $37,000. Private Trust Co. NA acquired a new stake in shares of Capital Group New Geography Equity ETF in the 2nd quarter worth approximately $80,000. Finally, Rothschild Investment LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 220.0% in 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 in the last quarter.

Capital Group New Geography Equity ETF Price Performance

NYSEARCA CGNG opened at $33.20 on Friday. Capital Group New Geography Equity ETF has a 12 month low of $22.22 and a 12 month high of $33.35. The firm has a market capitalization of $1.31 billion, a PE ratio of 19.57 and a beta of 0.55. The company’s 50 day simple moving average is $31.85 and its 200 day simple moving average is $30.57.

Capital Group New Geography Equity ETF Dividend Announcement

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

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.