Capital Group New Geography Equity ETF (CGNG) to Issue Annual Dividend of $0.22 on December 29th

Capital Group New Geography Equity ETF (NYSEARCA:CGNG) announced an annual dividend on Wednesday, December 24th. Shareholders of record on Friday, December 26th will be given a dividend of 0.217 per share on Monday, December 29th. This represents a yield of 67.0%. The ex-dividend date of this dividend is Friday, December 26th.

Capital Group New Geography Equity ETF Price Performance

Shares of NYSEARCA CGNG opened at $32.23 on Friday. The stock has a market cap of $1.06 billion, a PE ratio of 19.57 and a beta of 0.55. Capital Group New Geography Equity ETF has a 1 year low of $22.22 and a 1 year high of $32.34. The firm has a fifty day moving average price of $31.65 and a 200-day moving average price of $30.21.

Hedge Funds Weigh In On Capital Group New Geography Equity ETF

Several large investors have recently made changes to their positions in CGNG. Capital Group Private Client Services Inc. grew its position in shares of Capital Group New Geography Equity ETF by 44.4% during the third quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock worth $75,113,000 after purchasing an additional 747,156 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Capital Group New Geography Equity ETF by 119.6% during the third quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock worth $68,568,000 after acquiring an additional 1,208,748 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Capital Group New Geography Equity ETF by 1,392.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,355,255 shares of the company’s stock valued at $41,877,000 after acquiring an additional 1,264,471 shares in the last quarter. Cetera Investment Advisers grew its stake in Capital Group New Geography Equity ETF by 503.4% during the second quarter. Cetera Investment Advisers now owns 1,291,547 shares of the company’s stock valued at $37,209,000 after acquiring an additional 1,077,493 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Capital Group New Geography Equity ETF by 71.6% in the 3rd quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock valued at $39,360,000 after acquiring an additional 531,580 shares during the last quarter.

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.