Envestnet Asset Management Inc. Acquires 53,822 Shares of Capital Group International Core Equity ETF $CGIC

Envestnet Asset Management Inc. grew its holdings in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 14.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 438,984 shares of the company’s stock after acquiring an additional 53,822 shares during the period. Envestnet Asset Management Inc. owned about 2.03% of Capital Group International Core Equity ETF worth $13,525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of CGIC. JPMorgan Chase & Co. raised its stake in shares of Capital Group International Core Equity ETF by 140.8% in the second quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock worth $38,000 after buying an additional 773 shares during the period. Cullen Frost Bankers Inc. boosted its position in shares of Capital Group International Core Equity ETF by 1,136.4% in the third quarter. Cullen Frost Bankers Inc. now owns 1,731 shares of the company’s stock worth $53,000 after purchasing an additional 1,591 shares during the period. Sittner & Nelson LLC purchased a new stake in shares of Capital Group International Core Equity ETF in the second quarter worth $89,000. Assetmark Inc. bought a new stake in shares of Capital Group International Core Equity ETF during the 2nd quarter valued at $97,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of Capital Group International Core Equity ETF during the 3rd quarter valued at $103,000.

Capital Group International Core Equity ETF Stock Performance

Shares of Capital Group International Core Equity ETF stock opened at $35.36 on Tuesday. Capital Group International Core Equity ETF has a fifty-two week low of $23.12 and a fifty-two week high of $35.88. The company has a market capitalization of $1.23 billion, a P/E ratio of 15.77 and a beta of 0.32. The company has a fifty day moving average of $33.66 and a 200 day moving average of $31.76.

Capital Group International Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a dividend of $0.1593 per share. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.64 annualized dividend and a yield of 1.8%.

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.