Capital Group International Core Equity ETF $CGIC Stake Boosted by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management increased its position in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 5.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 666,545 shares of the company’s stock after purchasing an additional 31,459 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in Capital Group International Core Equity ETF were worth $23,982,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings 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 position in shares of Capital Group International Core Equity ETF by 111.5% in the 1st quarter. Royal Bank of Canada now owns 1,733,573 shares of the company’s stock worth $57,398,000 after buying an additional 914,088 shares during the last quarter. Cetera Investment Advisers lifted 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 worth $27,397,000 after buying an additional 255,218 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of Capital Group International Core Equity ETF by 29.6% in the 3rd quarter. D.A. Davidson & CO. now owns 1,037,437 shares of the company’s stock worth $37,327,000 after buying an additional 236,699 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Capital Group International Core Equity ETF by 21,756.3% in the 3rd quarter. IFP Advisors Inc now owns 186,653 shares of the company’s stock valued at $6,716,000 after buying an additional 185,799 shares during the period.

Capital Group International Core Equity ETF Stock Performance

NYSEARCA CGIC opened at $34.92 on Tuesday. Capital Group International Core Equity ETF has a one year low of $30.42 and a one year high of $37.48. The company has a 50-day simple moving average of $36.13 and a 200-day simple moving average of $35.54. The firm has a market capitalization of $2.54 billion, a PE ratio of 15.77 and a beta of 0.55.

Capital Group International Core Equity ETF Cuts Dividend

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