Wealthcare Advisory Partners LLC Buys Shares of 201,796 Capital Group Ultra Short Income ETF $CGUI

Wealthcare Advisory Partners LLC bought a new stake in shares of Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 201,796 shares of the company’s stock, valued at approximately $5,106,000. Wealthcare Advisory Partners LLC owned about 2.62% of Capital Group Ultra Short Income ETF at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CGUI. EverSource Wealth Advisors LLC bought a new position in Capital Group Ultra Short Income ETF during the 3rd quarter worth $30,000. Jones Financial Companies Lllp acquired a new position in shares of Capital Group Ultra Short Income ETF during the third quarter valued at $100,000. JPMorgan Chase & Co. acquired a new stake in shares of Capital Group Ultra Short Income ETF in the 2nd quarter worth about $136,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Capital Group Ultra Short Income ETF in the 4th quarter worth about $332,000. Finally, HBW Advisory Services LLC lifted its position in Capital Group Ultra Short Income ETF by 7.9% in the 3rd quarter. HBW Advisory Services LLC now owns 15,100 shares of the company’s stock valued at $382,000 after purchasing an additional 1,100 shares during the last quarter.

Capital Group Ultra Short Income ETF Price Performance

Capital Group Ultra Short Income ETF stock opened at $25.33 on Friday. The firm has a 50-day moving average price of $25.36 and a two-hundred day moving average price of $25.34. Capital Group Ultra Short Income ETF has a 52-week low of $25.16 and a 52-week high of $25.41.

Capital Group Ultra Short Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were issued a dividend of $0.0799 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 27th.

Capital Group Ultra Short Income ETF Profile

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.