Onyx Bridge Wealth Group LLC Purchases 2,985 Shares of Alger Concentrated Equity ETF (NYSEARCA:CNEQ)

Onyx Bridge Wealth Group LLC raised its holdings in shares of Alger Concentrated Equity ETF (NYSEARCA:CNEQ) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,000 shares of the company’s stock after buying an additional 2,985 shares during the period. Onyx Bridge Wealth Group LLC owned about 14.22% of Alger Concentrated Equity ETF worth $828,000 at the end of the most recent reporting period.

Separately, Castle Rock Wealth Management LLC purchased a new stake in Alger Concentrated Equity ETF in the third quarter worth $1,219,000.

Alger Concentrated Equity ETF Stock Performance

NYSEARCA CNEQ opened at $26.91 on Thursday. Alger Concentrated Equity ETF has a 12 month low of $18.69 and a 12 month high of $27.91. The company’s 50-day moving average price is $26.51 and its 200-day moving average price is $24.10.

Alger Concentrated Equity ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Wednesday, December 18th were issued a $0.0411 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

Alger Concentrated Equity ETF Company Profile

The Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, targeting large-cap companies with high growth potential. The fund maintains a concentrated portfolio of no more than 30 stocks, seeking long-term captial appreciation CNEQ was launched on Apr 4, 2024 and is issued by Alger.