Private Advisor Group LLC Grows Stock Holdings in Capital Group Short Duration Income ETF $CGSD

Private Advisor Group LLC lifted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 27.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 405,020 shares of the company’s stock after purchasing an additional 87,749 shares during the period. Private Advisor Group LLC owned 0.62% of Capital Group Short Duration Income ETF worth $10,522,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cetera Investment Advisers increased its holdings in shares of Capital Group Short Duration Income ETF by 21.2% in the second quarter. Cetera Investment Advisers now owns 1,839,269 shares of the company’s stock valued at $47,701,000 after purchasing an additional 321,670 shares during the last quarter. Merit Financial Group LLC boosted its stake in Capital Group Short Duration Income ETF by 8,823.7% during the third quarter. Merit Financial Group LLC now owns 1,822,843 shares of the company’s stock worth $47,357,000 after buying an additional 1,802,416 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Capital Group Short Duration Income ETF by 22.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,266,820 shares of the company’s stock valued at $32,912,000 after buying an additional 231,354 shares in the last quarter. Osaic Holdings Inc. grew its holdings in Capital Group Short Duration Income ETF by 20.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,106,573 shares of the company’s stock valued at $28,695,000 after buying an additional 184,958 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Capital Group Short Duration Income ETF by 33.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 982,034 shares of the company’s stock worth $25,572,000 after acquiring an additional 243,733 shares during the last quarter.

Capital Group Short Duration Income ETF Trading Down 0.1%

NYSEARCA CGSD opened at $25.95 on Thursday. Capital Group Short Duration Income ETF has a 52 week low of $25.62 and a 52 week high of $26.15. The business’s fifty day simple moving average is $26.05 and its 200-day simple moving average is $26.04.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were paid a dividend of $0.0856 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.