Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Trading Down 0.2% – Here’s What Happened

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) traded down 0.2% during mid-day trading on Monday . The company traded as low as $25.20 and last traded at $25.23. 67,631 shares were traded during mid-day trading, a decline of 34% from the average session volume of 102,326 shares. The stock had previously closed at $25.28.

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

The company’s 50-day simple moving average is $25.40 and its 200 day simple moving average is $25.37.

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

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 31st will be issued a $0.025 dividend. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 1.2%.

Hedge Funds Weigh In On Capital Group International Bond ETF (USD-Hedged)

Several institutional investors have recently bought and sold shares of CGIB. Comerica Bank acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the fourth quarter worth about $44,000. Geneos Wealth Management Inc. raised its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 100.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,781 shares of the company’s stock valued at $121,000 after acquiring an additional 2,393 shares in the last quarter. Mariner LLC bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 4th quarter valued at approximately $200,000. J. Derek Lewis & Associates Inc. acquired a new stake in Capital Group International Bond ETF (USD-Hedged) in the 1st quarter worth approximately $209,000. Finally, Fifth Third Bancorp acquired a new stake in Capital Group International Bond ETF (USD-Hedged) in the 1st quarter worth approximately $212,000.

About Capital Group International Bond ETF (USD-Hedged)

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.