Kestra Advisory Services LLC Has $5.56 Million Stock Position in Capital Group Short Duration Income ETF $CGSD

Kestra Advisory Services LLC grew its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 196.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 215,737 shares of the company’s stock after purchasing an additional 143,012 shares during the quarter. Kestra Advisory Services LLC’s holdings in Capital Group Short Duration Income ETF were worth $5,564,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC acquired a new position in Capital Group Short Duration Income ETF during the first quarter worth $207,000. Jane Street Group LLC increased its holdings in shares of Capital Group Short Duration Income ETF by 58.6% during the 1st quarter. Jane Street Group LLC now owns 128,815 shares of the company’s stock valued at $3,325,000 after acquiring an additional 47,590 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Capital Group Short Duration Income ETF by 52.8% during the 2nd quarter. NewEdge Advisors LLC now owns 263,378 shares of the company’s stock valued at $6,831,000 after acquiring an additional 91,022 shares during the last quarter. Sei Investments Co. bought a new position in shares of Capital Group Short Duration Income ETF in the 2nd quarter valued at approximately $1,062,000. Finally, Raymond James Financial Inc. raised its stake in shares of Capital Group Short Duration Income ETF by 45.0% in the 2nd quarter. Raymond James Financial Inc. now owns 939,933 shares of the company’s stock valued at $24,377,000 after acquiring an additional 291,618 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

CGSD opened at $25.75 on Thursday. The business has a 50 day moving average price of $25.77 and a 200 day moving average price of $25.90. Capital Group Short Duration Income ETF has a twelve month low of $25.67 and a twelve month high of $26.15.

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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.