Gerber Kawasaki Wealth & Investment Management Has $948,000 Stake in Capital Group International Core Equity ETF $CGIC

Gerber Kawasaki Wealth & Investment Management boosted its position in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 138.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 30,763 shares of the company’s stock after buying an additional 17,853 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in Capital Group International Core Equity ETF were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC raised its holdings in shares of Capital Group International Core Equity ETF by 217.0% in the 3rd quarter. Private Advisor Group LLC now owns 83,665 shares of the company’s stock valued at $2,578,000 after purchasing an additional 57,270 shares during the period. Orion Porfolio Solutions LLC grew its holdings in Capital Group International Core Equity ETF by 48.1% during the third quarter. Orion Porfolio Solutions LLC now owns 78,344 shares of the company’s stock worth $2,414,000 after purchasing an additional 25,436 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Capital Group International Core Equity ETF by 551.9% during the third quarter. EverSource Wealth Advisors LLC now owns 4,009 shares of the company’s stock worth $124,000 after purchasing an additional 3,394 shares during the period. Sound View Wealth Advisors Group LLC acquired a new position in Capital Group International Core Equity ETF during the third quarter worth approximately $4,506,000. Finally, Cercano Management LLC bought a new stake in Capital Group International Core Equity ETF in the third quarter valued at approximately $1,009,000.

Capital Group International Core Equity ETF Stock Up 1.0%

NYSEARCA:CGIC opened at $33.98 on Tuesday. Capital Group International Core Equity ETF has a 12-month low of $23.12 and a 12-month high of $36.20. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 15.77 and a beta of 0.32. The stock’s 50 day moving average price is $34.51 and its two-hundred day moving average price is $32.34.

Capital Group International Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a $0.1593 dividend. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, December 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.9%.

About Capital Group International Core Equity ETF

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.