Capital Group Ultra Short Income ETF $CGUI Stock Purchased by Wealth Science Advisors LLC

Wealth Science Advisors LLC grew its position in Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) by 81.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 328,674 shares of the company’s stock after purchasing an additional 147,211 shares during the quarter. Capital Group Ultra Short Income ETF makes up approximately 3.6% of Wealth Science Advisors LLC’s portfolio, making the stock its 6th largest holding. Wealth Science Advisors LLC owned 2.45% of Capital Group Ultra Short Income ETF worth $8,279,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Brookstone Capital Management boosted its holdings in shares of Capital Group Ultra Short Income ETF by 589.6% during the 1st quarter. Brookstone Capital Management now owns 414,867 shares of the company’s stock worth $10,488,000 after buying an additional 354,705 shares during the period. Kensington Asset Management LLC raised its holdings in Capital Group Ultra Short Income ETF by 65.2% in the 4th quarter. Kensington Asset Management LLC now owns 184,915 shares of the company’s stock worth $4,679,000 after acquiring an additional 72,990 shares during the period. Cetera Investment Advisers lifted its position in 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 worth $2,761,000 after acquiring an additional 44,424 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Capital Group Ultra Short Income ETF by 9.3% during the second quarter. Dynamic Advisor Solutions LLC now owns 15,212 shares of the company’s stock valued at $385,000 after acquiring an additional 1,294 shares during the period. Finally, Royal Bank of Canada grew its position in shares of Capital Group Ultra Short Income ETF by 10.0% in the first quarter. Royal Bank of Canada now owns 25,926 shares of the company’s stock valued at $655,000 after purchasing an additional 2,366 shares during the last quarter.

Capital Group Ultra Short Income ETF Trading Down 0.1%

Capital Group Ultra Short Income ETF stock opened at $25.24 on Friday. Capital Group Ultra Short Income ETF has a 52 week low of $25.14 and a 52 week high of $25.67. The business’s 50-day simple moving average is $25.29 and its 200-day simple moving average is $25.31.

Capital Group Ultra Short Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were given a $0.0863 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.04 annualized dividend and a yield of 4.1%. This is an increase from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.0828.

Capital Group Ultra Short Income ETF Profile

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.