Commonwealth Equity Services LLC Has $41.20 Million Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Commonwealth Equity Services LLC raised its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 9.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,606,759 shares of the company’s stock after buying an additional 136,147 shares during the period. Commonwealth Equity Services LLC owned about 9.08% of Capital Group Short Duration Income ETF worth $41,197,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Spire Wealth Management acquired a new stake in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at $124,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at $168,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at $250,000. Delta Financial Group Inc. lifted its stake in shares of Capital Group Short Duration Income ETF by 20.6% in the 4th quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock valued at $286,000 after purchasing an additional 1,902 shares during the last quarter. Finally, Raymond James Trust N.A. acquired a new stake in shares of Capital Group Short Duration Income ETF in the 3rd quarter valued at $390,000.

Capital Group Short Duration Income ETF Stock Down 0.1 %

CGSD stock opened at $25.82 on Friday. Capital Group Short Duration Income ETF has a 1 year low of $25.21 and a 1 year high of $26.01. The company has a fifty day simple moving average of $25.74 and a 200 day simple moving average of $25.76.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a $0.0778 dividend. The ex-dividend date of this dividend was Friday, January 31st.

Capital Group Short Duration Income ETF Company Profile

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.