American Beacon GLG Natural Resources ETF (MGNR) Price, Holdings, & News

ETF Overview

The American Beacon GLG Natural Resources ETF (MGNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in a narrow portfolio of global stocks that are predominantly involved in natural resources and related businesses. MGNR was launched on Feb 5, 2024 and is issued by American Beacon.

Key Stats

• Today's Range: $33.07 to $33.21
• 50-Day Range: $30.73 to $33.56
• 52-Week Range: $24.79 to $33.99
• Volume: 16,219 shs
• Average Volume: 29,751 shs
• Market Capitalization: $167.66 million
• Assets Under Management: $166.76 million
• Dividend Yield: 1.24%
• Net Expense Ratio: 0.75%
• Aggregate Rating: Moderate Buy

MGNR ETF - Frequently Asked Questions

How have MGNR shares performed this year?

American Beacon GLG Natural Resources ETF's stock was trading at $29.71 at the beginning of the year. Since then, MGNR shares have increased by 11.3% and is now trading at $33.07.

Who are American Beacon GLG Natural Resources ETF's major shareholders?

Top institutional shareholders of American Beacon GLG Natural Resources ETF include Wealth Enhancement Advisory Services LLC (28.61%), Janney Montgomery Scott LLC (5.30%), Harbor Investment Advisory LLC (0.87%) and Centurion Wealth Management LLC (0.25%).

How do I buy shares of American Beacon GLG Natural Resources ETF?

Shares of MGNR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of American Beacon GLG Natural Resources ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Beacon GLG Natural Resources ETF investors own include VanEck Semiconductor ETF (SMH), Global X Defense Tech ETF (SHLD), Sabre (SABR), Recursion Pharmaceuticals (RXRX), Invesco Dorsey Wright Technology Momentum ETF (PTF), NVIDIA (NVDA) and Meta Platforms (META).

Fund Details

• Issuer: American Beacon Advisors
• Fund Name: American Beacon GLG Natural Resources ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:MGNR
• Inception Date: 2/6/2024
• Fund Manager: Albert Chu
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Sector
• Focus: Natural Resources
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 57

Fund Statistics

• Assets Under Management: $166.76 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.01%

Administrator, Advisor and Custodian

• Administrator: American Beacon Advisors, Inc.
• Advisor: American Beacon Advisors, Inc.
• Custodian: State Street Bank and Trust Company
• Distributor: Foreside Financial Services, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: N/A
• Short Interest: 3,900 shs

Miscellaneous

• Outstanding Shares: 5,070,000
• Beta: 0.89
• Creation Unit: 25,000
• Creation Fee: $500.00