Stonebridge Financial Group LLC Purchases 15,380 Shares of Capital Group Short Duration Income ETF $CGSD

Stonebridge Financial Group LLC increased its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 62.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,202 shares of the company’s stock after acquiring an additional 15,380 shares during the period. Stonebridge Financial Group LLC owned about 0.07% of Capital Group Short Duration Income ETF worth $1,043,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CGSD. LPL Financial LLC grew its position in Capital Group Short Duration Income ETF by 30.8% during the 1st quarter. LPL Financial LLC now owns 2,823,430 shares of the company’s stock worth $72,873,000 after acquiring an additional 665,185 shares during the last quarter. Townsquare Capital LLC bought a new stake in Capital Group Short Duration Income ETF during the 1st quarter worth $15,310,000. Norden Group LLC bought a new stake in Capital Group Short Duration Income ETF during the 1st quarter worth $15,257,000. IAM Advisory LLC bought a new stake in Capital Group Short Duration Income ETF during the 2nd quarter worth $13,588,000. Finally, Envestnet Asset Management Inc. grew its position in Capital Group Short Duration Income ETF by 52.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 853,312 shares of the company’s stock worth $22,024,000 after acquiring an additional 294,905 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD stock opened at $26.01 on Friday. Capital Group Short Duration Income ETF has a twelve month low of $25.55 and a twelve month high of $26.13. The stock’s fifty day simple moving average is $26.02 and its 200 day simple moving average is $25.91.

Capital Group Short Duration Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were given a $0.0931 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, September 29th.

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.