Capital Group International Bond ETF (USD-Hedged) $CGIB Shares Sold by Capital International Investors

Capital International Investors trimmed its holdings in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) by 73.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 90,315 shares of the company’s stock after selling 245,991 shares during the quarter. Capital International Investors’ holdings in Capital Group International Bond ETF (USD-Hedged) were worth $2,290,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Orion Porfolio Solutions LLC acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the third quarter valued at about $13,477,000. Assetmark Inc. raised its position in shares of Capital Group International Bond ETF (USD-Hedged) by 97.6% in the fourth quarter. Assetmark Inc. now owns 77,133 shares of the company’s stock valued at $1,956,000 after buying an additional 38,090 shares during the last quarter. Tempus Wealth Planning LLC acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the third quarter valued at about $513,000. Benjamin Edwards Inc. raised its position in shares of Capital Group International Bond ETF (USD-Hedged) by 227.1% in the fourth quarter. Benjamin Edwards Inc. now owns 60,388 shares of the company’s stock valued at $1,531,000 after buying an additional 41,927 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Capital Group International Bond ETF (USD-Hedged) by 116.0% in the third quarter. Envestnet Asset Management Inc. now owns 148,933 shares of the company’s stock valued at $3,781,000 after buying an additional 79,983 shares during the last quarter.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.2%

Shares of NYSEARCA CGIB opened at $25.31 on Wednesday. The firm has a 50-day simple moving average of $25.28 and a 200-day simple moving average of $25.39. Capital Group International Bond ETF has a 52 week low of $24.96 and a 52 week high of $27.23.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 29th were given a dividend of $0.0253 per share. The ex-dividend date was Friday, May 29th. This is an increase from Capital Group International Bond ETF (USD-Hedged)’s previous monthly dividend of $0.03. This represents a c) annualized dividend and a yield of 1.2%.

Capital Group International Bond ETF (USD-Hedged) 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.