SilverOak Wealth Management LLC Boosts Stock Holdings in Capital Group New Geography Equity ETF $CGNG

SilverOak Wealth Management LLC lifted its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 5.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,548 shares of the company’s stock after buying an additional 16,332 shares during the quarter. Capital Group New Geography Equity ETF comprises 1.5% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. SilverOak Wealth Management LLC’s holdings in Capital Group New Geography Equity ETF were worth $9,394,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Capital Investment Advisory Services LLC boosted its holdings in Capital Group New Geography Equity ETF by 3.6% in the 4th quarter. Capital Investment Advisory Services LLC now owns 10,142 shares of the company’s stock valued at $324,000 after purchasing an additional 352 shares during the period. Mariner LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 2.4% in the 3rd quarter. Mariner LLC now owns 15,896 shares of the company’s stock valued at $491,000 after acquiring an additional 376 shares in the last quarter. Florida Financial Advisors LLC boosted its position in shares of Capital Group New Geography Equity ETF by 5.8% during the 4th quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock valued at $254,000 after acquiring an additional 438 shares during the last quarter. Merited Wealth LLC boosted its position in shares of Capital Group New Geography Equity ETF by 1.5% during the 1st quarter. Merited Wealth LLC now owns 32,260 shares of the company’s stock valued at $1,018,000 after acquiring an additional 484 shares during the last quarter. Finally, Beckerman Institutional LLC grew its holdings in shares of Capital Group New Geography Equity ETF by 3.9% during the fourth quarter. Beckerman Institutional LLC now owns 13,158 shares of the company’s stock worth $420,000 after purchasing an additional 494 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Capital Group New Geography Equity ETF stock opened at $36.25 on Wednesday. The firm’s fifty day moving average price is $36.24 and its 200-day moving average price is $34.24. The stock has a market cap of $2.60 billion, a P/E ratio of 19.57 and a beta of 0.81. Capital Group New Geography Equity ETF has a fifty-two week low of $28.20 and a fifty-two week high of $38.25.

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.