Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Stock Short Interest Report for October

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 161,446 shares, a growth of 216.1% from the September 30th total of 51,071 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 717,570 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Capital Group Short Duration Income ETF

A number of institutional investors have recently bought and sold shares of CGSD. Arkadios Wealth Advisors lifted its stake in shares of Capital Group Short Duration Income ETF by 6.7% in the 1st quarter. Arkadios Wealth Advisors now owns 12,745 shares of the company’s stock valued at $329,000 after purchasing an additional 801 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of Capital Group Short Duration Income ETF by 5.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,088 shares of the company’s stock worth $465,000 after purchasing an additional 876 shares during the last quarter. Continuum Advisory LLC boosted its position in shares of Capital Group Short Duration Income ETF by 5.8% in the 2nd quarter. Continuum Advisory LLC now owns 18,146 shares of the company’s stock worth $467,000 after purchasing an additional 987 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of Capital Group Short Duration Income ETF in the 2nd quarter worth $27,000. Finally, North Star Investment Management Corp. acquired a new position in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth about $35,000.

Capital Group Short Duration Income ETF Stock Up 0.1%

Shares of NYSEARCA CGSD opened at $25.46 on Thursday. Capital Group Short Duration Income ETF has a 1 year low of $25.22 and a 1 year high of $26.15. The firm’s 50-day moving average is $25.48 and its 200-day moving average is $25.77.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were paid a $0.0917 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0888. This represents a $1.10 dividend on an annualized basis and a yield of 4.3%.

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.