Truist Financial Corp Purchases 32,345 Shares of Capital Group New Geography Equity ETF $CGNG

Truist Financial Corp increased its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 241.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,730 shares of the company’s stock after buying an additional 32,345 shares during the quarter. Truist Financial Corp owned 0.14% of Capital Group New Geography Equity ETF worth $1,413,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in Capital Group New Geography Equity ETF during the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. bought a new position in shares of Capital Group New Geography Equity ETF during the third quarter valued at about $30,000. Bfsg LLC bought a new position in shares of Capital Group New Geography Equity ETF during the third quarter valued at about $32,000. Sittner & Nelson LLC purchased a new stake in shares of Capital Group New Geography Equity ETF during the second quarter worth about $37,000. Finally, Private Trust Co. NA bought a new stake in shares of Capital Group New Geography Equity ETF in the second quarter worth about $80,000.

Capital Group New Geography Equity ETF Price Performance

Shares of NYSEARCA:CGNG opened at $34.03 on Monday. The stock’s 50-day moving average is $32.67 and its 200 day moving average is $31.27. The company has a market cap of $1.58 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 $34.42.

Capital Group New Geography Equity ETF Dividend Announcement

The firm also recently announced 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 of this dividend 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.