SK Wealth Management LLC Invests $910,000 in Capital Group International Core Equity ETF $CGIC

SK Wealth Management LLC bought a new stake in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 29,420 shares of the company’s stock, valued at approximately $910,000. SK Wealth Management LLC owned about 0.15% of Capital Group International Core Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Analysts LLC purchased a new stake in Capital Group International Core Equity ETF in the 1st quarter worth about $31,000. JPMorgan Chase & Co. grew its holdings in shares of Capital Group International Core Equity ETF by 140.8% in the second quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock worth $38,000 after purchasing an additional 773 shares during the last quarter. Sittner & Nelson LLC purchased a new stake in Capital Group International Core Equity ETF in the 2nd quarter valued at about $89,000. Assetmark Inc. bought a new position in Capital Group International Core Equity ETF in the 2nd quarter worth about $97,000. Finally, AdvisorNet Financial Inc grew its stake in Capital Group International Core Equity ETF by 4,314.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,414 shares of the company’s stock worth $128,000 after acquiring an additional 4,314 shares in the last quarter.

Capital Group International Core Equity ETF Stock Performance

Shares of NYSEARCA CGIC opened at $32.39 on Friday. Capital Group International Core Equity ETF has a 52-week low of $23.12 and a 52-week high of $32.50. The firm has a market capitalization of $702.86 million, a price-to-earnings ratio of 15.77 and a beta of 0.32. The stock has a 50 day moving average price of $31.45 and a 200 day moving average price of $30.32.

Capital Group International Core Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were paid a $0.079 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.32 dividend on an annualized basis and a yield of 1.0%.

About Capital Group International Core Equity ETF

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.