Valmark Advisers Inc. Buys 159,160 Shares of Capital Group Short Duration Income ETF $CGSD

Valmark Advisers Inc. raised its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 48.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 488,831 shares of the company’s stock after buying an additional 159,160 shares during the period. Valmark Advisers Inc. owned about 0.58% of Capital Group Short Duration Income ETF worth $12,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in shares of Capital Group Short Duration Income ETF during the first quarter valued at approximately $410,000. Kestra Advisory Services LLC grew its stake in Capital Group Short Duration Income ETF by 196.6% in the first quarter. Kestra Advisory Services LLC now owns 215,737 shares of the company’s stock worth $5,564,000 after purchasing an additional 143,012 shares in the last quarter. Cvfg LLC bought a new position in Capital Group Short Duration Income ETF in the first quarter worth approximately $208,000. Compton Financial Group LLC bought a new position in Capital Group Short Duration Income ETF in the first quarter worth approximately $359,000. Finally, Burford Brothers Inc. increased its holdings in Capital Group Short Duration Income ETF by 9.6% during the 1st quarter. Burford Brothers Inc. now owns 25,617 shares of the company’s stock worth $661,000 after purchasing an additional 2,245 shares during the period.

Capital Group Short Duration Income ETF Trading Down 0.0%

NYSEARCA CGSD traded down $0.01 on Friday, reaching $25.72. 280,244 shares of the stock traded hands, compared to its average volume of 473,766. The company has a fifty day moving average price of $25.77 and a 200-day moving average price of $25.91. Capital Group Short Duration Income ETF has a 12 month low of $25.69 and a 12 month high of $26.15.

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.