World Investment Advisors Makes New Investment in Capital Group Ultra Short Income ETF $CGUI

World Investment Advisors bought a new position in shares of Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,698 shares of the company’s stock, valued at approximately $650,000. World Investment Advisors owned approximately 0.61% of Capital Group Ultra Short Income ETF at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Jane Street Group LLC boosted its stake in shares of Capital Group Ultra Short Income ETF by 267.5% in the first quarter. Jane Street Group LLC now owns 56,676 shares of the company’s stock valued at $1,428,000 after buying an additional 41,254 shares in the last quarter. Brookstone Capital Management lifted its holdings in Capital Group Ultra Short Income ETF by 28.5% in the second quarter. Brookstone Capital Management now owns 74,414 shares of the company’s stock valued at $1,877,000 after acquiring an additional 16,511 shares during the period. Envestnet Asset Management Inc. acquired a new stake in Capital Group Ultra Short Income ETF in the second quarter valued at $938,000. Creekmur Asset Management LLC purchased a new stake in shares of Capital Group Ultra Short Income ETF during the 2nd quarter worth $19,486,000. Finally, Integrity Alliance LLC. acquired a new position in shares of Capital Group Ultra Short Income ETF during the 2nd quarter worth $610,000.

Capital Group Ultra Short Income ETF Trading Up 0.0%

Shares of CGUI opened at $25.31 on Tuesday. Capital Group Ultra Short Income ETF has a 52-week low of $25.11 and a 52-week high of $25.41. The company has a 50-day simple moving average of $25.33 and a 200-day simple moving average of $25.31.

Capital Group Ultra Short Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a $0.1042 dividend. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is a boost from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Wednesday, December 24th.

About Capital Group Ultra Short Income ETF

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.