Assetmark Inc. Buys 33,463 Shares of Capital Group International Bond ETF (USD-Hedged) $CGIB

Assetmark Inc. raised its holdings in shares of Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) by 599.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 39,043 shares of the company’s stock after acquiring an additional 33,463 shares during the period. Assetmark Inc. owned approximately 1.30% of Capital Group International Bond ETF (USD-Hedged) worth $991,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Brookstone Capital Management raised its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 54.9% in the 2nd quarter. Brookstone Capital Management now owns 15,756 shares of the company’s stock valued at $398,000 after purchasing an additional 5,586 shares during the period. Merit Financial Group LLC bought a new position in Capital Group International Bond ETF (USD-Hedged) in the third quarter valued at about $8,317,000. Cullen Frost Bankers Inc. bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the second quarter valued at $54,000. Tempus Wealth Planning LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at about $513,000. Finally, Strategic Blueprint LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 2nd quarter valued at $458,000.

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

Shares of NYSEARCA CGIB opened at $25.65 on Friday. Capital Group International Bond ETF has a 12-month low of $25.04 and a 12-month high of $27.23. The company’s fifty day simple moving average is $25.47 and its 200 day simple moving average is $25.42.

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

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

Capital Group International Bond ETF (USD-Hedged) 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.