Capital Group Short Duration Income ETF $CGSD Shares Acquired by RFP Financial Group LLC

RFP Financial Group LLC lifted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 63.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 797,118 shares of the company’s stock after purchasing an additional 308,120 shares during the quarter. Capital Group Short Duration Income ETF comprises 9.9% of RFP Financial Group LLC’s holdings, making the stock its 3rd biggest position. RFP Financial Group LLC owned approximately 1.06% of Capital Group Short Duration Income ETF worth $20,733,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. MML Investors Services LLC grew its position in shares of Capital Group Short Duration Income ETF by 12.3% in the 4th quarter. MML Investors Services LLC now owns 502,718 shares of the company’s stock valued at $13,076,000 after purchasing an additional 54,892 shares during the period. Mariner LLC grew its position in shares of Capital Group Short Duration Income ETF by 5.0% in the 4th quarter. Mariner LLC now owns 113,457 shares of the company’s stock valued at $2,951,000 after purchasing an additional 5,452 shares during the period. Arax Advisory Partners acquired a new position in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at approximately $268,000. Inspire Advisors LLC grew its position in shares of Capital Group Short Duration Income ETF by 1.9% in the 4th quarter. Inspire Advisors LLC now owns 111,658 shares of the company’s stock valued at $2,904,000 after purchasing an additional 2,065 shares during the period. Finally, Stifel Financial Corp grew its position in shares of Capital Group Short Duration Income ETF by 9.9% in the 4th quarter. Stifel Financial Corp now owns 774,810 shares of the company’s stock valued at $20,153,000 after purchasing an additional 69,826 shares during the period.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.78 on Monday. Capital Group Short Duration Income ETF has a 52-week low of $25.70 and a 52-week high of $26.15. The stock has a 50 day simple moving average of $25.83 and a 200 day simple moving average of $25.95.

About Capital Group Short Duration Income ETF

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.