D.A. Davidson & CO. Buys New Holdings in Capital Group International Bond ETF (USD-Hedged) $CGIB

D.A. Davidson & CO. purchased a new position in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 23,561 shares of the company’s stock, valued at approximately $595,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter valued at approximately $44,000. Geneos Wealth Management Inc. acquired a new stake in Capital Group International Bond ETF (USD-Hedged) in the 4th quarter valued at $61,000. Mariner LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 4th quarter valued at $200,000. Fifth Third Bancorp bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 1st quarter valued at $212,000. Finally, Main Street Financial Solutions LLC acquired a new position in Capital Group International Bond ETF (USD-Hedged) during the second quarter worth $228,000.

Capital Group International Bond ETF (USD-Hedged) Stock Down 0.0%

Capital Group International Bond ETF (USD-Hedged) stock opened at $25.25 on Friday. Capital Group International Bond ETF has a 1-year low of $24.96 and a 1-year high of $27.23. The firm’s fifty day moving average price is $25.40 and its two-hundred day moving average price is $25.39.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a dividend of $0.025 per share. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, June 29th.

Capital Group International Bond ETF (USD-Hedged) 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.