Envestnet Asset Management Inc. Raises Stock Position in Capital Group International Bond ETF (USD-Hedged) $CGIB

Envestnet Asset Management Inc. lifted its stake in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) by 770.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,950 shares of the company’s stock after purchasing an additional 61,030 shares during the period. Envestnet Asset Management Inc.’s holdings in Capital Group International Bond ETF (USD-Hedged) were worth $1,740,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Royal Bank of Canada raised its stake in Capital Group International Bond ETF (USD-Hedged) by 42,260.8% in the first quarter. Royal Bank of Canada now owns 66,930 shares of the company’s stock worth $1,699,000 after buying an additional 66,772 shares in the last quarter. Strategic Blueprint LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 2nd quarter valued at approximately $458,000. Janney Montgomery Scott LLC purchased a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the 2nd quarter worth approximately $417,000. Brookstone Capital Management raised its position 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 worth $398,000 after acquiring an additional 5,586 shares in the last quarter. Finally, RFG Advisory LLC bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 2nd quarter worth approximately $264,000.

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

NYSEARCA CGIB opened at $25.49 on Wednesday. The stock’s 50 day moving average is $25.46 and its 200 day moving average is $25.42. Capital Group International Bond ETF has a twelve month low of $24.63 and a twelve month high of $27.23.

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

The firm also recently announced a monthly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 31st were issued a dividend of $0.0247 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, October 31st.

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.