Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Update

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 4,881 shares, a drop of 89.0% from the January 29th total of 44,358 shares. Based on an average trading volume of 101,848 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 101,848 shares, the days-to-cover ratio is currently 0.0 days.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in Capital Group International Bond ETF (USD-Hedged) by 42,260.8% in the 1st quarter. Royal Bank of Canada now owns 66,930 shares of the company’s stock worth $1,699,000 after acquiring an additional 66,772 shares during the last quarter. Brookstone Capital Management boosted its stake in Capital Group International Bond ETF (USD-Hedged) by 54.9% during the 2nd quarter. Brookstone Capital Management now owns 15,756 shares of the company’s stock valued at $398,000 after purchasing an additional 5,586 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 770.6% in the 2nd 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 in the last quarter. Assetmark Inc. purchased a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the second quarter worth $141,000. Finally, Sei Investments Co. purchased a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the second quarter worth $472,000.

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

Capital Group International Bond ETF (USD-Hedged) stock traded down $0.01 during mid-day trading on Wednesday, reaching $25.71. The stock had a trading volume of 296,392 shares, compared to its average volume of 90,327. Capital Group International Bond ETF has a one year low of $25.04 and a one year high of $27.23. The company has a 50-day moving average price of $25.48 and a two-hundred day moving average price of $25.43.

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

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were paid a $0.025 dividend. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, January 30th.

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.