Stephens Inc. AR Boosts Stake in Capital Group New Geography Equity ETF $CGNG

Stephens Inc. AR grew its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 137.0% in the 3rd quarter, Holdings Channel reports. The fund owned 367,713 shares of the company’s stock after acquiring an additional 212,535 shares during the period. Stephens Inc. AR’s holdings in Capital Group New Geography Equity ETF were worth $11,362,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Truist Financial Corp grew its stake in Capital Group New Geography Equity ETF by 5.3% during the 2nd quarter. Truist Financial Corp now owns 13,385 shares of the company’s stock valued at $386,000 after purchasing an additional 668 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Capital Group New Geography Equity ETF by 3.6% during the 2nd quarter. Kingsview Wealth Management LLC now owns 21,689 shares of the company’s stock valued at $625,000 after buying an additional 758 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Capital Group New Geography Equity ETF during the third quarter worth approximately $28,000. Geneos Wealth Management Inc. acquired a new stake in shares of Capital Group New Geography Equity ETF during the third quarter worth approximately $30,000. Finally, Founders Financial Securities LLC increased its stake in shares of Capital Group New Geography Equity ETF by 6.6% in the third quarter. Founders Financial Securities LLC now owns 16,742 shares of the company’s stock worth $517,000 after buying an additional 1,041 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

CGNG opened at $33.23 on Thursday. Capital Group New Geography Equity ETF has a 12-month low of $22.22 and a 12-month high of $33.56. The stock has a market capitalization of $1.38 billion, a PE ratio of 19.57 and a beta of 0.55. The firm’s fifty day moving average price is $31.94 and its 200 day moving average price is $30.69.

Capital Group New Geography Equity ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.217 dividend. This represents a dividend 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.