Ashton Thomas Private Wealth LLC Takes Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Ashton Thomas Private Wealth LLC acquired a new stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,752 shares of the company’s stock, valued at approximately $250,000.

A number of other hedge funds also recently made changes to their positions in CGSD. Spire Wealth Management bought a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $124,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $168,000. Delta Financial Group Inc. increased its stake in shares of Capital Group Short Duration Income ETF by 20.6% in the fourth quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock worth $286,000 after buying an additional 1,902 shares during the last quarter. Raymond James Trust N.A. bought a new stake in shares of Capital Group Short Duration Income ETF in the third quarter worth $390,000. Finally, Janney Montgomery Scott LLC increased its stake in shares of Capital Group Short Duration Income ETF by 9.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,123 shares of the company’s stock worth $413,000 after buying an additional 1,459 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of NYSEARCA:CGSD opened at $25.84 on Wednesday. The company has a fifty day simple moving average of $25.73 and a 200 day simple moving average of $25.76. Capital Group Short Duration Income ETF has a 12-month low of $25.21 and a 12-month high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a dividend of $0.0778 per share. The ex-dividend date was Friday, January 31st.

About Capital Group Short Duration Income ETF

The Capital Group Short Duration Income ETF (CGSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that invests in a broad portfolio of investment grade bonds, debts, and money market instruments. The average portfolio duration is expected to be less than two years.