Stonebridge Financial Group LLC Purchases New Position in Capital Group New Geography Equity ETF $CGNG

Stonebridge Financial Group LLC acquired a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 25,556 shares of the company’s stock, valued at approximately $790,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Farther Finance Advisors LLC purchased a new position in shares of Capital Group New Geography Equity ETF during the third quarter valued at approximately $28,000. Sittner & Nelson LLC bought a new position in Capital Group New Geography Equity ETF in the 2nd quarter valued at $37,000. Private Trust Co. NA bought a new stake in shares of Capital Group New Geography Equity ETF during the 2nd quarter worth $80,000. Rothschild Investment LLC increased its stake in shares of Capital Group New Geography Equity ETF by 220.0% during the 2nd quarter. Rothschild Investment LLC now owns 3,200 shares of the company’s stock worth $92,000 after purchasing an additional 2,200 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 1,232.3% in the 2nd quarter. ORG Partners LLC now owns 4,956 shares of the company’s stock worth $142,000 after purchasing an additional 4,584 shares during the period.

Capital Group New Geography Equity ETF Trading Up 0.1%

Capital Group New Geography Equity ETF stock opened at $32.05 on Wednesday. The business’s 50 day simple moving average is $31.69 and its 200 day simple moving average is $30.33. Capital Group New Geography Equity ETF has a 12 month low of $22.22 and a 12 month high of $32.34. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 19.57 and a beta of 0.55.

Capital Group New Geography Equity ETF Dividend Announcement

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