NewEdge Advisors LLC Acquires 48,584 Shares of Capital Group International Core Equity ETF $CGIC

NewEdge Advisors LLC lifted its stake in Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 9.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 576,001 shares of the company’s stock after purchasing an additional 48,584 shares during the quarter. NewEdge Advisors LLC’s holdings in Capital Group International Core Equity ETF were worth $20,961,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. IFP Advisors Inc raised its holdings in Capital Group International Core Equity ETF by 316.6% in the second quarter. IFP Advisors Inc now owns 854 shares of the company’s stock worth $31,000 after purchasing an additional 649 shares in the last quarter. Greykasell Wealth Strategies Inc. boosted its holdings in shares of Capital Group International Core Equity ETF by 57.4% in the 4th quarter. Greykasell Wealth Strategies Inc. now owns 886 shares of the company’s stock valued at $29,000 after buying an additional 323 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Capital Group International Core Equity ETF in the 1st quarter worth approximately $35,000. Arax Advisory Partners purchased a new position in shares of Capital Group International Core Equity ETF in the 4th quarter worth approximately $35,000. Finally, JPMorgan Chase & Co. grew its position in shares of Capital Group International Core Equity ETF by 140.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock worth $38,000 after buying an additional 773 shares during the last quarter.

Capital Group International Core Equity ETF Stock Down 1.0%

NYSEARCA CGIC opened at $36.60 on Friday. Capital Group International Core Equity ETF has a 52 week low of $30.27 and a 52 week high of $37.48. The company has a 50 day moving average price of $36.40 and a 200 day moving average price of $35.61. The firm has a market cap of $2.29 billion, a PE ratio of 15.77 and a beta of 0.54.

Capital Group International Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were issued a $0.346 dividend. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.38 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, June 30th.

Capital Group International Core Equity ETF Company 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.