Meridian Wealth Management LLC Invests $797,000 in Capital Group International Core Equity ETF $CGIC

Meridian Wealth Management LLC bought a new stake in Capital Group International Core Equity ETF (NYSEARCA:CGIC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,370 shares of the company’s stock, valued at approximately $797,000. Meridian Wealth Management LLC owned about 0.21% of Capital Group International Core Equity ETF at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CGIC. Sittner & Nelson LLC acquired a new stake in Capital Group International Core Equity ETF during the 2nd quarter worth approximately $89,000. Advyzon Investment Management LLC acquired a new position in Capital Group International Core Equity ETF in the 2nd quarter valued at $368,000. Prospera Financial Services Inc bought a new position in Capital Group International Core Equity ETF during the 2nd quarter worth $349,000. Souders Financial Advisors lifted its holdings in shares of Capital Group International Core Equity ETF by 7.0% during the second quarter. Souders Financial Advisors now owns 205,802 shares of the company’s stock worth $5,991,000 after buying an additional 13,443 shares in the last quarter. Finally, Assetmark Inc. acquired a new stake in shares of Capital Group International Core Equity ETF during the second quarter worth $97,000.

Capital Group International Core Equity ETF Stock Performance

Shares of Capital Group International Core Equity ETF stock opened at $31.59 on Monday. The firm has a 50-day moving average of $30.99 and a 200-day moving average of $29.65. Capital Group International Core Equity ETF has a 52-week low of $23.12 and a 52-week high of $32.06. The stock has a market cap of $685.50 million, a PE ratio of 15.77 and a beta of 0.32.

Capital Group International Core Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.079 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.32 dividend on an annualized basis and a yield of 1.0%.

About Capital Group International Core Equity ETF

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.