International Assets Investment Management LLC Sells 3,452,405 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

International Assets Investment Management LLC cut its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 96.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 134,804 shares of the company’s stock after selling 3,452,405 shares during the quarter. International Assets Investment Management LLC owned approximately 0.76% of Capital Group Short Duration Income ETF worth $3,455,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MML Investors Services LLC lifted its holdings in Capital Group Short Duration Income ETF by 8.8% during the 3rd quarter. MML Investors Services LLC now owns 216,469 shares of the company’s stock valued at $5,609,000 after purchasing an additional 17,487 shares during the last quarter. Jane Street Group LLC grew its position in Capital Group Short Duration Income ETF by 258.0% during the 3rd quarter. Jane Street Group LLC now owns 137,129 shares of the company’s stock worth $3,553,000 after acquiring an additional 98,829 shares during the last quarter. Stifel Financial Corp increased its holdings in Capital Group Short Duration Income ETF by 5.7% during the 3rd quarter. Stifel Financial Corp now owns 127,692 shares of the company’s stock valued at $3,309,000 after purchasing an additional 6,871 shares in the last quarter. Benjamin Edwards Inc. bought a new position in Capital Group Short Duration Income ETF in the 3rd quarter valued at $3,235,000. Finally, Kestra Investment Management LLC boosted its stake in Capital Group Short Duration Income ETF by 42.5% in the third quarter. Kestra Investment Management LLC now owns 45,389 shares of the company’s stock worth $1,176,000 after purchasing an additional 13,533 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of Capital Group Short Duration Income ETF stock traded up $0.02 during trading on Wednesday, reaching $25.64. The company’s stock had a trading volume of 21,369 shares, compared to its average volume of 563,165. Capital Group Short Duration Income ETF has a one year low of $25.21 and a one year high of $26.01. The stock has a 50-day moving average price of $25.68 and a two-hundred day moving average price of $25.72.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were given a dividend of $0.0902 per share. This is a positive change from Capital Group Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, November 29th.

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.