Private Advisor Group LLC Purchases 12,858 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Private Advisor Group LLC increased its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 208,344 shares of the company’s stock after purchasing an additional 12,858 shares during the quarter. Private Advisor Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $5,342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Spire Wealth Management acquired a new position in Capital Group Short Duration Income ETF during the fourth quarter worth about $124,000. Gateway Wealth Partners LLC acquired a new position in Capital Group Short Duration Income ETF during the third quarter worth about $220,000. Raymond James Trust N.A. acquired a new position in Capital Group Short Duration Income ETF during the third quarter worth about $390,000. Janney Montgomery Scott LLC raised its stake in Capital Group Short Duration Income ETF by 9.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 16,123 shares of the company’s stock worth $413,000 after acquiring an additional 1,459 shares in the last quarter. Finally, TrueWealth Advisors LLC raised its stake in Capital Group Short Duration Income ETF by 54.3% during the third quarter. TrueWealth Advisors LLC now owns 17,388 shares of the company’s stock worth $451,000 after acquiring an additional 6,117 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.1 %

Capital Group Short Duration Income ETF stock opened at $25.80 on Friday. The business has a 50 day moving average of $25.69 and a 200-day moving average of $25.75. Capital Group Short Duration Income ETF has a 1 year low of $25.21 and a 1 year high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were paid a $0.0778 dividend. The ex-dividend date was Friday, January 31st.

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.