NewEdge Advisors LLC Boosts Stock Position in Capital Group International Core Equity ETF $CGIC

NewEdge Advisors LLC boosted its holdings in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 9.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 576,001 shares of the company’s stock after purchasing an additional 48,584 shares during the quarter. NewEdge Advisors LLC owned about 0.92% of Capital Group International Core Equity ETF worth $20,961,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Royal Bank of Canada raised its position in Capital Group International Core Equity ETF by 730.7% during the first quarter. Royal Bank of Canada now owns 37,513 shares of the company’s stock valued at $975,000 after purchasing an additional 32,997 shares during the period. Jane Street Group LLC boosted its holdings in shares of Capital Group International Core Equity ETF by 1,049.1% in the 1st quarter. Jane Street Group LLC now owns 393,141 shares of the company’s stock worth $10,214,000 after purchasing an additional 358,927 shares during the period. JPMorgan Chase & Co. increased its position in shares of Capital Group International Core Equity ETF by 140.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock valued at $38,000 after purchasing an additional 773 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Capital Group International Core Equity ETF by 35.6% during the 2nd quarter. Raymond James Financial Inc. now owns 616,472 shares of the company’s stock valued at $17,946,000 after purchasing an additional 161,995 shares during the last quarter. Finally, Great Valley Advisor Group Inc. purchased a new stake in Capital Group International Core Equity ETF during the 2nd quarter valued at $355,000.

Capital Group International Core Equity ETF Trading Down 1.0%

Shares of CGIC opened at $36.60 on Friday. The company’s fifty day simple moving average is $36.40 and its 200-day simple moving average is $35.61. The company has a market cap of $2.29 billion, a P/E ratio of 15.77 and a beta of 0.54. Capital Group International Core Equity ETF has a twelve month low of $30.27 and a twelve month high of $37.48.

Capital Group International Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a $0.346 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.38 dividend on an annualized basis and a yield of 3.8%. This is an increase from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.02.

Capital Group International Core Equity ETF 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.