Vestmark Advisory Solutions Inc. Invests $3.39 Million in Capital Group New Geography Equity ETF $CGNG

Vestmark Advisory Solutions Inc. purchased a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 109,848 shares of the company’s stock, valued at approximately $3,394,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new stake in Capital Group New Geography Equity ETF during the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. purchased a new position in shares of Capital Group New Geography Equity ETF during the third quarter valued at $30,000. Bfsg LLC acquired a new position in Capital Group New Geography Equity ETF during the third quarter valued at $32,000. Sittner & Nelson LLC purchased a new stake in Capital Group New Geography Equity ETF in the 2nd quarter worth about $37,000. Finally, Rothschild Investment LLC boosted its position in 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 acquiring an additional 2,200 shares during the period.

Capital Group New Geography Equity ETF Price Performance

NYSEARCA:CGNG opened at $34.48 on Tuesday. The stock has a market cap of $1.60 billion, a PE ratio of 19.57 and a beta of 0.55. The stock’s 50-day moving average is $33.25 and its two-hundred day moving average is $31.71. Capital Group New Geography Equity ETF has a fifty-two week low of $22.22 and a fifty-two week high of $34.90.

Capital Group New Geography Equity ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.217 dividend. 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.