Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Sees Large Decrease in Short Interest

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 37,791 shares, a decrease of 35.6% from the September 30th total of 58,652 shares. Based on an average daily trading volume, of 161,868 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

A number of hedge funds and other institutional investors have recently modified their holdings of CGIB. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 24.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,412,532 shares of the company’s stock valued at $36,062,000 after buying an additional 276,881 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 92.4% in the first quarter. Janney Montgomery Scott LLC now owns 257,602 shares of the company’s stock worth $6,501,000 after buying an additional 123,689 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 366.0% in the third quarter. Kestra Advisory Services LLC now owns 170,393 shares of the company’s stock worth $4,243,000 after buying an additional 133,830 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the third quarter worth $3,805,000. Finally, Assetmark Inc. raised its holdings in Capital Group International Bond ETF (USD-Hedged) by 43.7% in the first quarter. Assetmark Inc. now owns 110,827 shares of the company’s stock valued at $2,797,000 after acquiring an additional 33,694 shares in the last quarter.

Capital Group International Bond ETF (USD-Hedged) Trading Down 0.1%

Shares of CGIB traded down $0.01 during mid-day trading on Tuesday, reaching $25.18. 38,420 shares of the stock traded hands, compared to its average volume of 105,999. Capital Group International Bond ETF has a 12-month low of $24.83 and a 12-month high of $26.41. The stock has a fifty day simple moving average of $25.08 and a 200 day simple moving average of $25.31.

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

The firm also recently announced a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were paid a dividend of $0.0250 per share. The ex-dividend date was Friday, October 30th. This represents a $0.30 annualized dividend and a dividend yield of 1.2%.

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.