TrueWealth Advisors LLC Raises Stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

TrueWealth Advisors LLC lifted its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 54.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 17,388 shares of the company’s stock after purchasing an additional 6,117 shares during the quarter. TrueWealth Advisors LLC owned about 0.10% of Capital Group Short Duration Income ETF worth $451,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Trilogy Capital Inc. boosted its holdings in Capital Group Short Duration Income ETF by 3.0% in the 3rd quarter. Trilogy Capital Inc. now owns 15,180 shares of the company’s stock worth $393,000 after acquiring an additional 440 shares during the period. Bleakley Financial Group LLC raised its position in shares of Capital Group Short Duration Income ETF by 2.2% in the 1st quarter. Bleakley Financial Group LLC now owns 37,119 shares of the company’s stock valued at $943,000 after purchasing an additional 783 shares in the last quarter. Cetera Advisors LLC raised its position in shares of Capital Group Short Duration Income ETF by 1.0% in the 1st quarter. Cetera Advisors LLC now owns 159,209 shares of the company’s stock valued at $4,043,000 after purchasing an additional 1,504 shares in the last quarter. DeDora Capital Inc. raised its position in shares of Capital Group Short Duration Income ETF by 4.5% in the 2nd quarter. DeDora Capital Inc. now owns 57,332 shares of the company’s stock valued at $1,457,000 after purchasing an additional 2,450 shares in the last quarter. Finally, Lodestone Wealth Management LLC raised its position in shares of Capital Group Short Duration Income ETF by 2.7% in the 2nd quarter. Lodestone Wealth Management LLC now owns 98,262 shares of the company’s stock valued at $2,497,000 after purchasing an additional 2,561 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD traded down $0.01 during trading on Friday, reaching $25.63. The company’s stock had a trading volume of 291,899 shares, compared to its average volume of 168,050. The company has a fifty day moving average of $25.84 and a two-hundred day moving average of $25.62. Capital Group Short Duration Income ETF has a twelve month low of $25.06 and a twelve 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, September 30th. Shareholders of record on Friday, September 27th were given a $0.083 dividend. The ex-dividend date of this dividend was Friday, September 27th.

Capital Group Short Duration Income ETF 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.