Gerber Kawasaki Wealth & Investment Management Acquires 17,853 Shares of Capital Group International Core Equity ETF $CGIC

Gerber Kawasaki Wealth & Investment Management lifted its position in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 138.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,763 shares of the company’s stock after acquiring an additional 17,853 shares during the quarter. Gerber Kawasaki Wealth & Investment Management owned approximately 0.14% of Capital Group International Core Equity ETF worth $948,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Capital Group International Core Equity ETF by 140.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock valued at $38,000 after buying an additional 773 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in shares of Capital Group International Core Equity ETF by 1,136.4% during the third quarter. Cullen Frost Bankers Inc. now owns 1,731 shares of the company’s stock worth $53,000 after buying an additional 1,591 shares during the period. Sittner & Nelson LLC acquired a new position in shares of Capital Group International Core Equity ETF during the second quarter worth about $89,000. Assetmark Inc. bought a new position in shares of Capital Group International Core Equity ETF during the second quarter worth about $97,000. Finally, Geneos Wealth Management Inc. bought a new position in shares of Capital Group International Core Equity ETF during the third quarter worth about $103,000.

Capital Group International Core Equity ETF Stock Performance

Shares of Capital Group International Core Equity ETF stock opened at $33.98 on Tuesday. The firm has a market cap of $1.18 billion, a PE ratio of 15.77 and a beta of 0.32. The business’s 50 day simple moving average is $34.51 and its 200 day simple moving average is $32.34. Capital Group International Core Equity ETF has a 52-week low of $23.12 and a 52-week high of $36.20.

Capital Group International Core Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a $0.1593 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, December 26th.

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.