Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Plans Monthly Dividend of $0.03

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) announced a monthly dividend on Thursday, February 26th. Stockholders of record on Friday, February 27th will be paid a dividend of 0.025 per share on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, February 27th.

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

NYSEARCA:CGIB traded up $0.06 during mid-day trading on Friday, reaching $25.78. 33,091 shares of the stock were exchanged, compared to its average volume of 88,763. The business has a fifty day moving average price of $25.49 and a 200 day moving average price of $25.43. Capital Group International Bond ETF has a 1-year low of $25.04 and a 1-year high of $27.23.

Institutional Investors Weigh In On Capital Group International Bond ETF (USD-Hedged)

Several hedge funds have recently modified their holdings of the stock. Assetmark Inc. purchased a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the second quarter valued at $141,000. Merit Financial Group LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at about $8,317,000. Tempus Wealth Planning LLC purchased a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the third quarter worth approximately $513,000. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 770.6% during the second quarter. Envestnet Asset Management Inc. now owns 68,950 shares of the company’s stock worth $1,740,000 after purchasing an additional 61,030 shares during the period. Finally, RFG Advisory LLC grew its position in Capital Group International Bond ETF (USD-Hedged) by 53.4% during the third quarter. RFG Advisory LLC now owns 16,028 shares of the company’s stock valued at $407,000 after purchasing an additional 5,579 shares in the last quarter.

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.