Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Stock Price Breaks Above Two Hundred Day Moving Average – Here’s Why

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB)’s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $25.30 and traded as high as $25.34. Capital Group International Bond ETF (USD-Hedged) shares last traded at $25.34, with a volume of 112,685 shares changing hands.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.3%

The stock’s fifty day moving average is $25.07 and its two-hundred day moving average is $25.30.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were paid a dividend of $0.0250 per share. The ex-dividend date was Friday, October 30th. This represents a $0.30 annualized dividend and a dividend yield of 1.2%.

Institutional Investors Weigh In On Capital Group International Bond ETF (USD-Hedged)

Institutional investors and hedge funds have recently modified their holdings of the company. Jacobi Capital Management LLC bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the 3rd quarter worth approximately $45,000. Kestra Investment Management LLC increased its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 13.5% during the 3rd quarter. Kestra Investment Management LLC now owns 995,464 shares of the company’s stock worth $24,787,000 after acquiring an additional 118,292 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 366.0% during the 3rd quarter. Kestra Advisory Services LLC now owns 170,393 shares of the company’s stock worth $4,243,000 after acquiring an additional 133,830 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at $3,805,000. Finally, Signature Equity Partners LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at $366,000.

Capital Group International Bond ETF (USD-Hedged) Company 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.