24,716 Shares in Capital Group Short Duration Income ETF $CGSD Acquired by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management acquired a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 24,716 shares of the company’s stock, valued at approximately $637,000.

Several other institutional investors have also added to or reduced their stakes in CGSD. Geneos Wealth Management Inc. lifted its stake in Capital Group Short Duration Income ETF by 5.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 8,092 shares of the company’s stock worth $210,000 after purchasing an additional 397 shares during the last quarter. Ausdal Financial Partners Inc. increased its stake in shares of Capital Group Short Duration Income ETF by 4.1% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 17,402 shares of the company’s stock valued at $452,000 after purchasing an additional 683 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 0.7% during the 4th quarter. International Assets Investment Management LLC now owns 126,908 shares of the company’s stock worth $3,301,000 after buying an additional 836 shares in the last quarter. Pines Wealth Management LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 3.0% during the 4th quarter. Pines Wealth Management LLC now owns 31,040 shares of the company’s stock worth $807,000 after buying an additional 896 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Capital Group Short Duration Income ETF by 102.4% during the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after buying an additional 900 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD stock opened at $25.76 on Wednesday. The business has a fifty day simple moving average of $25.82 and a 200 day simple moving average of $25.94. Capital Group Short Duration Income ETF has a twelve month low of $25.70 and a twelve month high of $26.15.

Capital Group Short Duration Income ETF Company 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.