Orion Porfolio Solutions LLC Buys 25,436 Shares of Capital Group International Core Equity ETF $CGIC

Orion Porfolio Solutions LLC raised its stake in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 48.1% in the third quarter, Holdings Channel reports. The institutional investor owned 78,344 shares of the company’s stock after buying an additional 25,436 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Capital Group International Core Equity ETF were worth $2,414,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Capital Group International Core Equity ETF by 140.8% in the second quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock worth $38,000 after acquiring an additional 773 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings 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 valued at $53,000 after acquiring an additional 1,591 shares in the last quarter. Sittner & Nelson LLC purchased a new position in shares of Capital Group International Core Equity ETF in the 2nd quarter worth about $89,000. Geneos Wealth Management Inc. purchased a new position in shares of Capital Group International Core Equity ETF in the 3rd quarter worth about $103,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Capital Group International Core Equity ETF by 551.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 4,009 shares of the company’s stock worth $124,000 after purchasing an additional 3,394 shares in the last quarter.

Capital Group International Core Equity ETF Stock Performance

Shares of CGIC stock opened at $34.05 on Wednesday. Capital Group International Core Equity ETF has a one year low of $23.12 and a one year high of $36.20. The company’s 50-day moving average is $34.54 and its 200 day moving average is $32.37. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 15.77 and a beta of 0.32.

Capital Group International Core Equity ETF Increases Dividend

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

Capital Group International Core Equity ETF Company Profile

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.