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

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB)’s stock price traded down 0.2% during trading on Monday . The company traded as low as $25.20 and last traded at $25.23. Approximately 67,631 shares were traded during mid-day trading, a decline of 34% from the average session volume of 102,326 shares. The stock had previously closed at $25.28.

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

The company’s fifty day moving average is $25.40 and its 200-day moving average is $25.37.

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

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 31st will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 1.2%.

Institutional Investors Weigh In On Capital Group International Bond ETF (USD-Hedged)

A number of hedge funds have recently bought and sold shares of the company. Benjamin Edwards Inc. lifted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 227.1% during the fourth quarter. Benjamin Edwards Inc. now owns 60,388 shares of the company’s stock worth $1,531,000 after buying an additional 41,927 shares during the last quarter. D.A. Davidson & CO. bought a new position in Capital Group International Bond ETF (USD-Hedged) during the first quarter worth $595,000. HighTower Advisors LLC bought a new position in Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth $9,376,000. Janney Montgomery Scott LLC raised its stake in Capital Group International Bond ETF (USD-Hedged) by 92.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 257,602 shares of the company’s stock valued at $6,501,000 after purchasing an additional 123,689 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Capital Group International Bond ETF (USD-Hedged) by 80.0% in the 1st quarter. Cetera Investment Advisers now owns 86,450 shares of the company’s stock valued at $2,182,000 after purchasing an additional 38,429 shares during the period.

Capital Group International Bond ETF (USD-Hedged) Company 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.