Capital International Investors Cuts Holdings in Capital Group International Equity ETF $CGIE

Capital International Investors lessened its stake in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 50.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,000 shares of the company’s stock after selling 40,000 shares during the quarter. Capital International Investors owned approximately 0.11% of Capital Group International Equity ETF worth $1,349,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. CWM LLC boosted its holdings in shares of Capital Group International Equity ETF by 88.2% in the 3rd quarter. CWM LLC now owns 1,451 shares of the company’s stock valued at $49,000 after buying an additional 680 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Capital Group International Equity ETF by 619.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,871 shares of the company’s stock worth $62,000 after acquiring an additional 1,611 shares in the last quarter. NewEdge Advisors LLC lifted its position in Capital Group International Equity ETF by 42.2% during the second quarter. NewEdge Advisors LLC now owns 2,158 shares of the company’s stock valued at $71,000 after acquiring an additional 640 shares during the last quarter. Rothschild Investment LLC lifted its position in Capital Group International Equity ETF by 34.3% during the second quarter. Rothschild Investment LLC now owns 2,350 shares of the company’s stock valued at $77,000 after acquiring an additional 600 shares during the last quarter. Finally, Financial Perspectives Inc boosted its stake in Capital Group International Equity ETF by 12.8% in the third quarter. Financial Perspectives Inc now owns 4,788 shares of the company’s stock valued at $161,000 after acquiring an additional 543 shares in the last quarter.

Capital Group International Equity ETF Price Performance

Capital Group International Equity ETF stock opened at $34.32 on Friday. Capital Group International Equity ETF has a 1-year low of $26.10 and a 1-year high of $37.07. The business has a fifty day moving average price of $36.06 and a 200-day moving average price of $34.74. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62.

Capital Group International Equity ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a $0.1341 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend yield of 76.0%.

Capital Group International Equity ETF Profile

The Capital Group International Equity ETF (CGIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of non-US companies. The objective centers on identifying companies believed to have the potential for growth. CGIE was launched on Sep 26, 2023 and is issued by Capital Group.