Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) to Issue Monthly Dividend of $0.09

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.0863 per share on Wednesday, September 30th. This represents a $1.04 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 4.2% increase from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.0828.

Capital Group Ultra Short Income ETF Trading Down 0.4%

NYSEARCA CGUI traded down $0.10 during trading on Tuesday, reaching $25.16. 92,285 shares of the company’s stock were exchanged, compared to its average volume of 129,790. Capital Group Ultra Short Income ETF has a fifty-two week low of $25.14 and a fifty-two week high of $25.67. The company’s fifty day simple moving average is $25.31 and its 200-day simple moving average is $25.32.

Institutional Trading of Capital Group Ultra Short Income ETF

Institutional investors have recently made changes to their positions in the stock. Brookstone Capital Management increased its stake in Capital Group Ultra Short Income ETF by 589.6% in the 1st quarter. Brookstone Capital Management now owns 414,867 shares of the company’s stock valued at $10,488,000 after buying an additional 354,705 shares during the period. Kensington Asset Management LLC boosted its stake in shares of Capital Group Ultra Short Income ETF by 65.2% during the 4th quarter. Kensington Asset Management LLC now owns 184,915 shares of the company’s stock valued at $4,679,000 after buying an additional 72,990 shares during the period. Wealth Science Advisors LLC acquired a new stake in shares of Capital Group Ultra Short Income ETF during the 2nd quarter valued at $4,587,000. Cetera Investment Advisers grew its holdings in shares of Capital Group Ultra Short Income ETF by 68.6% during the 1st quarter. Cetera Investment Advisers now owns 109,220 shares of the company’s stock valued at $2,761,000 after acquiring an additional 44,424 shares in the last quarter. Finally, Capital International Investors grew its holdings in shares of Capital Group Ultra Short Income ETF by 40.0% during the 4th quarter. Capital International Investors now owns 105,000 shares of the company’s stock valued at $2,657,000 after acquiring an additional 30,000 shares in the last quarter.

About Capital Group Ultra Short Income ETF

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.