WNY Asset Management LLC Invests $1.66 Million in Capital Group Short Duration Income ETF $CGSD

WNY Asset Management LLC bought a new position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 64,388 shares of the company’s stock, valued at approximately $1,661,000. WNY Asset Management LLC owned approximately 0.08% of Capital Group Short Duration Income ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $28,000. Birchwood Financial Partners Inc. acquired a new position in Capital Group Short Duration Income ETF in the fourth quarter worth approximately $32,000. Sound Income Strategies LLC acquired a new position in shares of Capital Group Short Duration Income ETF during the 1st quarter worth $39,000. IFP Advisors Inc boosted its holdings in Capital Group Short Duration Income ETF by 102.4% in the third quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after purchasing an additional 900 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in Capital Group Short Duration Income ETF during the second quarter worth $49,000.

Capital Group Short Duration Income ETF Stock Performance

NYSEARCA CGSD opened at $25.64 on Friday. Capital Group Short Duration Income ETF has a fifty-two week low of $25.61 and a fifty-two week high of $26.15. The stock’s 50-day moving average is $25.75 and its two-hundred day moving average is $25.88.

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.