Vestmark Advisory Solutions Inc. Purchases Shares of 109,848 Capital Group New Geography Equity ETF $CGNG

Vestmark Advisory Solutions Inc. acquired a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 109,848 shares of the company’s stock, valued at approximately $3,394,000. Vestmark Advisory Solutions Inc. owned approximately 0.33% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Bleakley Financial Group LLC boosted its holdings in Capital Group New Geography Equity ETF by 0.8% during the third quarter. Bleakley Financial Group LLC now owns 90,060 shares of the company’s stock worth $2,783,000 after buying an additional 704 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of 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 buying an additional 758 shares in the last quarter. Sovran Advisors LLC lifted its position in shares of Capital Group New Geography Equity ETF by 5.5% during the 3rd quarter. Sovran Advisors LLC now owns 14,916 shares of the company’s stock valued at $475,000 after acquiring an additional 773 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth $28,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth $30,000.

Capital Group New Geography Equity ETF Stock Down 1.1%

Shares of Capital Group New Geography Equity ETF stock opened at $34.48 on Tuesday. The stock’s fifty day moving average is $33.25 and its 200-day moving average is $31.71. The firm has a market capitalization of $1.60 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 $34.90.

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 dividend of $0.217 per share. This represents a 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.