Sei Investments Co. Has $2.25 Million Stock Position in Capital Group International Bond ETF (USD-Hedged) $CGIB

Sei Investments Co. boosted its stake in shares of Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) by 29.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 89,348 shares of the company’s stock after acquiring an additional 20,501 shares during the quarter. Sei Investments Co. owned approximately 0.96% of Capital Group International Bond ETF (USD-Hedged) worth $2,255,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Comerica Bank bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the fourth quarter worth about $44,000. Geneos Wealth Management Inc. bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter valued at approximately $61,000. Mariner LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter valued at approximately $200,000. Fifth Third Bancorp acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the first quarter valued at approximately $212,000. Finally, Main Street Financial Solutions LLC acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the second quarter valued at approximately $228,000.

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

CGIB stock opened at $25.42 on Friday. The company has a 50 day moving average price of $25.42 and a 200 day moving average price of $25.39. Capital Group International Bond ETF has a fifty-two week low of $24.96 and a fifty-two week high of $26.41.

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

The company also recently declared a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were paid a dividend of $0.025 per share. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, July 31st.

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.