Private Advisor Group LLC Has $8.53 Million Stake in Capital Group New Geography Equity ETF $CGNG

Private Advisor Group LLC increased its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 22.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 275,906 shares of the company’s stock after buying an additional 51,066 shares during the period. Private Advisor Group LLC’s holdings in Capital Group New Geography Equity ETF were worth $8,526,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in Capital Group New Geography Equity ETF by 2,330.7% in the first quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock valued at $8,817,000 after buying an additional 336,020 shares during the period. Sittner & Nelson LLC bought a new stake in Capital Group New Geography Equity ETF in the 2nd quarter worth about $37,000. Cetera Investment Advisers boosted its position in Capital Group New Geography Equity ETF by 503.4% in the second quarter. Cetera Investment Advisers now owns 1,291,547 shares of the company’s stock worth $37,209,000 after purchasing an additional 1,077,493 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in Capital Group New Geography Equity ETF by 323.0% during the second quarter. Avantax Advisory Services Inc. now owns 265,896 shares of the company’s stock worth $7,660,000 after buying an additional 203,041 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in Capital Group New Geography Equity ETF by 3.6% during the second quarter. Kingsview Wealth Management LLC now owns 21,689 shares of the company’s stock valued at $625,000 after purchasing an additional 758 shares during the period.

Capital Group New Geography Equity ETF Stock Down 0.3%

CGNG opened at $32.87 on Thursday. The firm has a 50-day moving average price of $33.67 and a 200-day moving average price of $32.05. Capital Group New Geography Equity ETF has a twelve month low of $22.22 and a twelve month high of $35.12. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 19.57 and a beta of 0.55.

Capital Group New Geography Equity ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, December 29th. Stockholders 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 dividend 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.