75,314 Shares in Capital Group New Geography Equity ETF $CGNG Bought by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC acquired a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 75,314 shares of the company’s stock, valued at approximately $2,321,000. Smartleaf Asset Management LLC owned about 0.23% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CGNG. Valmark Advisers Inc. bought a new position in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at $663,000. World Investment Advisors acquired a new position in Capital Group New Geography Equity ETF during the second quarter worth $205,000. Assetmark Inc. bought a new position in Capital Group New Geography Equity ETF during the second quarter valued at about $458,000. Cornell Pochily Investment Advisors Inc. lifted its position in shares of Capital Group New Geography Equity ETF by 117.6% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 41,891 shares of the company’s stock worth $1,294,000 after buying an additional 22,639 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its position in shares of Capital Group New Geography Equity ETF by 106.9% in the second quarter. Orion Porfolio Solutions LLC now owns 58,584 shares of the company’s stock worth $1,688,000 after buying an additional 30,265 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA CGNG opened at $34.03 on Monday. The business’s 50-day simple moving average is $32.67 and its 200-day simple moving average is $31.27. Capital Group New Geography Equity ETF has a 52 week low of $22.22 and a 52 week high of $34.42. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 19.57 and a beta of 0.55.

Capital Group New Geography Equity ETF Dividend Announcement

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

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.