Founders Financial Securities LLC Buys 44,835 Shares of Capital Group International Core Equity ETF $CGIC

Founders Financial Securities LLC raised its stake in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 73.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 106,026 shares of the company’s stock after acquiring an additional 44,835 shares during the quarter. Founders Financial Securities LLC’s holdings in Capital Group International Core Equity ETF were worth $3,815,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CGIC. NewEdge Advisors LLC lifted its stake in shares of Capital Group International Core Equity ETF by 9.2% in the second quarter. NewEdge Advisors LLC now owns 576,001 shares of the company’s stock valued at $20,961,000 after buying an additional 48,584 shares during the period. EverSource Wealth Advisors LLC increased its stake in Capital Group International Core Equity ETF by 380.3% during the first quarter. EverSource Wealth Advisors LLC now owns 31,030 shares of the company’s stock valued at $1,027,000 after acquiring an additional 24,570 shares during the period. Acorn Wealth Advisors LLC increased its stake in Capital Group International Core Equity ETF by 11.6% during the second quarter. Acorn Wealth Advisors LLC now owns 174,302 shares of the company’s stock valued at $6,343,000 after acquiring an additional 18,095 shares during the period. NWF Advisory Services Inc. increased its stake in Capital Group International Core Equity ETF by 55.2% during the second quarter. NWF Advisory Services Inc. now owns 74,066 shares of the company’s stock valued at $2,695,000 after acquiring an additional 26,347 shares during the period. Finally, KPP Advisory Services LLC acquired a new position in Capital Group International Core Equity ETF in the 1st quarter valued at approximately $3,866,000.

Capital Group International Core Equity ETF Stock Down 0.1%

Capital Group International Core Equity ETF stock opened at $35.31 on Friday. The business has a 50 day moving average price of $36.21 and a two-hundred day moving average price of $35.53. Capital Group International Core Equity ETF has a 12 month low of $30.42 and a 12 month high of $37.48. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 15.77 and a beta of 0.55.

Capital Group International Core Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.1298 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, September 30th. This is a negative change from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.3460.

Capital Group International Core Equity ETF Profile

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.