Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Shares Climb 0.2% – Here’s What Happened

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was up 0.2% on Tuesday. The company traded as high as $25.13 and last traded at $25.08. Approximately 100,696 shares traded hands during trading, a decline of 6% from the average session volume of 106,909 shares. The stock had previously closed at $25.04.

Capital Group International Bond ETF (USD-Hedged) Price Performance

The firm’s fifty day moving average is $25.10 and its two-hundred day moving average is $25.27.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were given a dividend of $0.0250 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 29th.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

A number of institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 24.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,412,532 shares of the company’s stock valued at $36,062,000 after acquiring an additional 276,881 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 92.4% during the first quarter. Janney Montgomery Scott LLC now owns 257,602 shares of the company’s stock valued at $6,501,000 after acquiring an additional 123,689 shares during the period. Assetmark Inc. increased its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 43.7% during the first quarter. Assetmark Inc. now owns 110,827 shares of the company’s stock valued at $2,797,000 after acquiring an additional 33,694 shares during the period. Royal Bank of Canada increased its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 8.2% during the first quarter. Royal Bank of Canada now owns 108,697 shares of the company’s stock valued at $2,743,000 after acquiring an additional 8,275 shares during the period. Finally, Sei Investments Co. raised its holdings in Capital Group International Bond ETF (USD-Hedged) by 29.8% during the first quarter. Sei Investments Co. now owns 89,348 shares of the company’s stock worth $2,255,000 after purchasing an additional 20,501 shares in the last quarter.

About Capital Group International Bond ETF (USD-Hedged)

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.