Capital Group New Geography Equity ETF $CGNG Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 119.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,219,043 shares of the company’s stock after buying an additional 1,208,748 shares during the quarter. Envestnet Asset Management Inc. owned 0.07% of Capital Group New Geography Equity ETF worth $68,568,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. acquired a new position in Capital Group New Geography Equity ETF during the 3rd quarter valued at about $663,000. World Investment Advisors acquired a new stake in shares of Capital Group New Geography Equity ETF in the second quarter valued at approximately $205,000. Assetmark Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the second quarter valued at approximately $458,000. Cornell Pochily Investment Advisors Inc. raised its holdings in shares of Capital Group New Geography Equity ETF by 117.6% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 41,891 shares of the company’s stock valued at $1,294,000 after buying an additional 22,639 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its stake in Capital Group New Geography Equity ETF by 106.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 58,584 shares of the company’s stock valued at $1,688,000 after acquiring an additional 30,265 shares in the last quarter.

Capital Group New Geography Equity ETF Trading Up 2.8%

Capital Group New Geography Equity ETF stock opened at $34.03 on Monday. Capital Group New Geography Equity ETF has a 52 week low of $22.22 and a 52 week high of $34.42. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 19.57 and a beta of 0.55. The company’s 50-day moving average price is $32.67 and its two-hundred day moving average price is $31.27.

Capital Group New Geography Equity ETF Announces Dividend

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