Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Increases Dividend to $0.03 Per Share

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) declared a monthly dividend on Thursday, May 28th. Stockholders of record on Friday, May 29th will be paid a dividend of 0.0253 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, May 29th. This is a 1.2% increase from Capital Group International Bond ETF (USD-Hedged)’s previous monthly dividend of $0.03.

Capital Group International Bond ETF (USD-Hedged) Price Performance

CGIB stock opened at $25.38 on Friday. The company’s 50-day moving average is $25.25 and its 200-day moving average is $25.40. Capital Group International Bond ETF has a 1 year low of $24.96 and a 1 year high of $27.23.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank acquired a new stake in Capital Group International Bond ETF (USD-Hedged) in the fourth quarter valued at approximately $44,000. Geneos Wealth Management Inc. acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth approximately $61,000. Cullen Frost Bankers Inc. lifted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 255.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 7,555 shares of the company’s stock worth $192,000 after purchasing an additional 5,430 shares in the last quarter. Mariner LLC bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 4th quarter worth $200,000. Finally, J. Derek Lewis & Associates Inc. acquired a new stake in Capital Group International Bond ETF (USD-Hedged) in the 1st quarter valued at $209,000.

About Capital Group International Bond ETF (USD-Hedged)

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.