Merit Financial Group LLC Boosts Stock Position in Capital Group International Bond ETF (USD-Hedged) $CGIB

Merit Financial Group LLC boosted its holdings in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) by 6.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 348,189 shares of the company’s stock after purchasing an additional 20,627 shares during the quarter. Merit Financial Group LLC owned approximately 0.06% of Capital Group International Bond ETF (USD-Hedged) worth $8,830,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CGIB. Orion Porfolio Solutions LLC purchased a new position in Capital Group International Bond ETF (USD-Hedged) in the third quarter valued at $13,477,000. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 116.0% during the third quarter. Envestnet Asset Management Inc. now owns 148,933 shares of the company’s stock worth $3,781,000 after purchasing an additional 79,983 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 42,260.8% during the first quarter. Royal Bank of Canada now owns 66,930 shares of the company’s stock worth $1,699,000 after purchasing an additional 66,772 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 97.6% during the fourth quarter. Assetmark Inc. now owns 77,133 shares of the company’s stock worth $1,956,000 after purchasing an additional 38,090 shares during the last quarter. Finally, Valmark Advisers Inc. grew its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 155.5% during the fourth quarter. Valmark Advisers Inc. now owns 40,669 shares of the company’s stock worth $1,031,000 after purchasing an additional 24,750 shares during the last quarter.

Capital Group International Bond ETF (USD-Hedged) Stock Up 0.5%

Shares of CGIB stock opened at $25.45 on Friday. The stock’s 50-day moving average is $25.39 and its two-hundred day moving average is $25.44. Capital Group International Bond ETF has a 1 year low of $24.96 and a 1 year high of $27.23.

Capital Group International Bond ETF (USD-Hedged) Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a c) annualized dividend and a dividend yield of 1.2%.

Capital Group International Bond ETF (USD-Hedged) Profile

The Capital Group International Bond ETF (USD-Hedged) (CGIB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high-level of current income and capital preservation by actively investing in global debt securities with broad credit ratings and maturities. CGIB was launched on Jun 25, 2024 and is issued by Capital Group.