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

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

Other large investors have also recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of Capital Group New Geography Equity ETF by 2,330.7% during 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. Concurrent Investment Advisors LLC boosted its position in Capital Group New Geography Equity ETF by 45.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 44,906 shares of the company’s stock valued at $1,294,000 after acquiring an additional 14,132 shares in the last quarter. Transcendent Capital Group LLC bought a new stake in Capital Group New Geography Equity ETF during the 2nd quarter valued at approximately $288,000. McNamara Financial Services Inc. grew its holdings in shares of Capital Group New Geography Equity ETF by 35.5% during the 2nd quarter. McNamara Financial Services Inc. now owns 57,121 shares of the company’s stock worth $1,646,000 after acquiring an additional 14,969 shares during the period. Finally, Atria Wealth Solutions Inc. raised its position in shares of Capital Group New Geography Equity ETF by 7.5% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 106,643 shares of the company’s stock worth $3,072,000 after acquiring an additional 7,482 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Up 2.8%

CGNG opened at $34.03 on Monday. Capital Group New Geography Equity ETF has a 52 week low of $22.22 and a 52 week high of $34.42. The stock has a market cap of $1.58 billion, a PE ratio of 19.57 and a beta of 0.55. The business has a 50 day moving average of $32.67 and a 200-day moving average of $31.27.

Capital Group New Geography Equity ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.217 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a yield of 67.0%.

Capital Group New Geography Equity ETF 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.