Capital Group International Core Equity ETF $CGIC Shares Bought by Sard Wealth Management Group LLC

Sard Wealth Management Group LLC raised its holdings in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 22.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 205,320 shares of the company’s stock after buying an additional 38,198 shares during the quarter. Capital Group International Core Equity ETF comprises about 3.0% of Sard Wealth Management Group LLC’s holdings, making the stock its 11th largest position. Sard Wealth Management Group LLC owned 0.28% of Capital Group International Core Equity ETF worth $7,387,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGIC. IFP Advisors Inc raised its holdings in shares of Capital Group International Core Equity ETF by 316.6% in the 2nd quarter. IFP Advisors Inc now owns 854 shares of the company’s stock valued at $31,000 after acquiring an additional 649 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Capital Group International Core Equity ETF during the first quarter worth about $35,000. James T. Borello RIA bought a new position in shares of Capital Group International Core Equity ETF in the third quarter worth approximately $41,000. GHP Investment Advisors Inc. increased its position in shares of Capital Group International Core Equity ETF by 200.0% in the first quarter. GHP Investment Advisors Inc. now owns 2,100 shares of the company’s stock worth $70,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of Capital Group International Core Equity ETF in the first quarter worth approximately $74,000.

Capital Group International Core Equity ETF Stock Performance

CGIC traded down $0.11 on Friday, reaching $35.25. The company had a trading volume of 323,523 shares, compared to its average volume of 528,895. The business has a 50 day simple moving average of $36.53 and a 200 day simple moving average of $35.99. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 15.77 and a beta of 0.55. Capital Group International Core Equity ETF has a 52-week low of $30.42 and a 52-week high of $37.48.

Capital Group International Core Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were paid a $0.1298 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.52 dividend on an annualized basis and a yield of 1.5%. This is a drop from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.3460.

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.