Envestnet Asset Management Inc. Boosts Stake in Capital Group International Bond ETF (USD-Hedged) $CGIB

Envestnet Asset Management Inc. increased its stake in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) by 116.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 148,933 shares of the company’s stock after purchasing an additional 79,983 shares during the quarter. Envestnet Asset Management Inc. owned approximately 4.96% of Capital Group International Bond ETF (USD-Hedged) worth $3,781,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Assetmark Inc. purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the second quarter worth about $141,000. Cullen Frost Bankers Inc. grew its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 255.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 7,555 shares of the company’s stock valued at $192,000 after acquiring an additional 5,430 shares during the period. Main Street Financial Solutions LLC purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the 2nd quarter worth approximately $228,000. ORG Partners LLC raised its stake in Capital Group International Bond ETF (USD-Hedged) by 52.9% during the 3rd quarter. ORG Partners LLC now owns 11,195 shares of the company’s stock worth $284,000 after acquiring an additional 3,874 shares during the period. Finally, Security Financial Services INC. bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 3rd quarter worth approximately $301,000.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.1%

CGIB opened at $25.72 on Wednesday. The company has a 50 day simple moving average of $25.48 and a two-hundred day simple moving average of $25.43. Capital Group International Bond ETF has a 1-year low of $25.04 and a 1-year high of $27.23.

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

The firm also recently declared a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were paid a $0.025 dividend. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, January 30th.

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.