114,195 Shares in Capital Group International Core Equity ETF $CGIC Purchased by CMC Financial Group

CMC Financial Group acquired a new stake in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 114,195 shares of the company’s stock, valued at approximately $3,518,000. Capital Group International Core Equity ETF comprises approximately 6.5% of CMC Financial Group’s portfolio, making the stock its 6th biggest holding.

A number of other hedge funds also recently bought and sold shares of CGIC. JPMorgan Chase & Co. lifted its stake in 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 purchasing an additional 773 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in shares of Capital Group International Core Equity ETF by 1,136.4% in the third quarter. Cullen Frost Bankers Inc. now owns 1,731 shares of the company’s stock valued at $53,000 after purchasing an additional 1,591 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Capital Group International Core Equity ETF in the third quarter valued at approximately $103,000. EverSource Wealth Advisors LLC increased its holdings in shares of Capital Group International Core Equity ETF by 551.9% in the third quarter. EverSource Wealth Advisors LLC now owns 4,009 shares of the company’s stock valued at $124,000 after purchasing an additional 3,394 shares during the last quarter. Finally, Florida Financial Advisors LLC purchased a new position in Capital Group International Core Equity ETF during the third quarter worth approximately $203,000.

Capital Group International Core Equity ETF Stock Performance

NYSEARCA CGIC opened at $33.19 on Thursday. The stock’s fifty day moving average is $34.60 and its two-hundred day moving average is $32.50. The firm has a market capitalization of $1.16 billion, a P/E ratio of 15.77 and a beta of 0.32. Capital Group International Core Equity ETF has a fifty-two week low of $23.12 and a fifty-two week high of $36.20.

Capital Group International Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a dividend of $0.1593 per share. The ex-dividend date was Friday, December 26th. This represents a $0.64 annualized dividend and a dividend yield of 1.9%. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08.

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.