Jones Financial Companies Lllp Increases Position in Capital Group New Geography Equity ETF $CGNG

Jones Financial Companies Lllp lifted its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 83.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 132,808 shares of the company’s stock after acquiring an additional 60,243 shares during the period. Jones Financial Companies Lllp owned 0.41% of Capital Group New Geography Equity ETF worth $4,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in Capital Group New Geography Equity ETF by 503.4% during the 2nd quarter. Cetera Investment Advisers now owns 1,291,547 shares of the company’s stock valued at $37,209,000 after purchasing an additional 1,077,493 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF by 37.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,010,295 shares of the company’s stock worth $29,107,000 after purchasing an additional 275,828 shares during the period. Commonwealth Equity Services LLC boosted its position in Capital Group New Geography Equity ETF by 139.7% in the third quarter. Commonwealth Equity Services LLC now owns 784,620 shares of the company’s stock valued at $24,245,000 after buying an additional 457,323 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Capital Group New Geography Equity ETF by 131.3% in the 2nd quarter. Raymond James Financial Inc. now owns 742,206 shares of the company’s stock worth $21,383,000 after buying an additional 421,319 shares during the period. Finally, NewEdge Advisors LLC acquired a new position in Capital Group New Geography Equity ETF in the 2nd quarter worth approximately $16,600,000.

Capital Group New Geography Equity ETF Trading Up 2.8%

Shares of NYSEARCA CGNG opened at $34.03 on Friday. Capital Group New Geography Equity ETF has a 12 month low of $22.22 and a 12 month high of $34.42. The company has a 50 day simple moving average of $32.67 and a two-hundred day simple moving average of $31.24. The stock 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 firm also recently announced an annual dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a dividend of $0.217 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 67.0%.

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.