Kestra Investment Management LLC increased its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 12.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 377,175 shares of the company’s stock after buying an additional 41,126 shares during the period. Kestra Investment Management LLC owned about 0.34% of Capital Group Short Duration Income ETF worth $9,524,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. M Holdings Securities Inc. purchased a new position in Capital Group Short Duration Income ETF in the third quarter worth approximately $257,000. Ashton Thomas Private Wealth LLC increased its position in shares of Capital Group Short Duration Income ETF by 57.9% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 67,635 shares of the company’s stock valued at $1,708,000 after purchasing an additional 24,797 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Capital Group Short Duration Income ETF by 35.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 307,153 shares of the company’s stock valued at $7,756,000 after purchasing an additional 79,551 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the 3rd quarter valued at $59,835,000. Finally, Integras Partners LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 3.7% in the 3rd quarter. Integras Partners LLC now owns 151,491 shares of the company’s stock valued at $3,825,000 after purchasing an additional 5,467 shares in the last quarter.
Capital Group Short Duration Income ETF Stock Performance
Shares of CGSD stock opened at $25.49 on Tuesday. The firm has a fifty day moving average price of $25.43 and a 200 day moving average price of $25.74. Capital Group Short Duration Income ETF has a 12 month low of $25.22 and a 12 month high of $26.15.
Capital Group Short Duration Income ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Monday, November 2nd. Shareholders of record on Friday, October 30th were issued a dividend of $0.0976 per share. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0917. The ex-dividend date of this dividend was Friday, October 30th. This represents a $1.17 dividend on an annualized basis and a yield of 4.6%.
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.
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