19,970 Shares in Capital Group New Geography Equity ETF $CGNG Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the third quarter, HoldingsChannel.com reports. The firm purchased 19,970 shares of the company’s stock, valued at approximately $617,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Truist Financial Corp grew its position in shares of Capital Group New Geography Equity ETF by 5.3% in the 2nd quarter. Truist Financial Corp now owns 13,385 shares of the company’s stock worth $386,000 after buying an additional 668 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in Capital Group New Geography Equity ETF by 3.6% in the second quarter. Kingsview Wealth Management LLC now owns 21,689 shares of the company’s stock valued at $625,000 after acquiring an additional 758 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Capital Group New Geography Equity ETF in the third quarter valued at $28,000. Geneos Wealth Management Inc. purchased a new position in Capital Group New Geography Equity ETF during the 3rd quarter valued at $30,000. Finally, Founders Financial Securities LLC raised its holdings in Capital Group New Geography Equity ETF by 6.6% in the 3rd quarter. Founders Financial Securities LLC now owns 16,742 shares of the company’s stock worth $517,000 after purchasing an additional 1,041 shares in the last quarter.

Capital Group New Geography Equity ETF Trading Up 0.5%

Shares of NYSEARCA CGNG opened at $33.40 on Friday. The firm has a fifty day simple moving average of $31.98 and a two-hundred day simple moving average of $30.71. The firm has a market capitalization of $1.39 billion, a PE ratio of 19.57 and a beta of 0.55. Capital Group New Geography Equity ETF has a 12 month low of $22.22 and a 12 month high of $33.56.

Capital Group New Geography Equity ETF Announces Dividend

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

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.