Park Avenue Securities LLC Acquires New Position in Capital Group International Core Equity ETF $CGIC

Park Avenue Securities LLC purchased a new position in Capital Group International Core Equity ETF (NYSEARCA:CGIC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 34,167 shares of the company’s stock, valued at approximately $1,229,000.

Several other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in shares of Capital Group International Core Equity ETF by 214.1% during the second quarter. Envestnet Asset Management Inc. now owns 3,745,663 shares of the company’s stock worth $136,305,000 after purchasing an additional 2,553,197 shares during the period. Royal Bank of Canada lifted its holdings in shares of Capital Group International Core Equity ETF by 111.5% during the first quarter. Royal Bank of Canada now owns 1,733,573 shares of the company’s stock valued at $57,398,000 after purchasing an additional 914,088 shares during the last quarter. Johnson Bixby & Associates LLC lifted its holdings in shares of Capital Group International Core Equity ETF by 2.8% during the third quarter. Johnson Bixby & Associates LLC now owns 885,378 shares of the company’s stock valued at $31,856,000 after purchasing an additional 23,897 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Capital Group International Core Equity ETF by 44.6% in the 1st quarter. Cetera Investment Advisers now owns 827,453 shares of the company’s stock valued at $27,397,000 after purchasing an additional 255,218 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Capital Group International Core Equity ETF by 9.2% in the 2nd quarter. NewEdge Advisors LLC now owns 576,001 shares of the company’s stock worth $20,961,000 after purchasing an additional 48,584 shares in the last quarter.

Capital Group International Core Equity ETF Price Performance

CGIC stock opened at $34.92 on Tuesday. Capital Group International Core Equity ETF has a 52-week low of $30.42 and a 52-week high of $37.48. The company’s 50 day simple moving average is $36.13 and its 200-day simple moving average is $35.54. The firm has a market capitalization of $2.54 billion, a P/E ratio of 15.77 and a beta of 0.55.

Capital Group International Core Equity ETF Cuts Dividend

The business also recently declared 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. The ex-dividend date was Wednesday, September 30th. This represents a $0.52 annualized dividend and a dividend yield of 1.5%. This is a decrease 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.