Harbour Investments Inc. Cuts Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Harbour Investments Inc. trimmed its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 15.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,070 shares of the company’s stock after selling 5,982 shares during the quarter. Harbour Investments Inc. owned 0.18% of Capital Group Short Duration Income ETF worth $831,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of CGSD. Trilogy Capital Inc. increased its position in shares of Capital Group Short Duration Income ETF by 3.0% during the 3rd quarter. Trilogy Capital Inc. now owns 15,180 shares of the company’s stock valued at $393,000 after purchasing an additional 440 shares during the last quarter. Cetera Advisors LLC grew its position in Capital Group Short Duration Income ETF by 1.0% during the first quarter. Cetera Advisors LLC now owns 159,209 shares of the company’s stock valued at $4,043,000 after buying an additional 1,504 shares during the period. DeDora Capital Inc. increased its holdings in Capital Group Short Duration Income ETF by 4.5% during the second quarter. DeDora Capital Inc. now owns 57,332 shares of the company’s stock worth $1,457,000 after buying an additional 2,450 shares during the last quarter. Lodestone Wealth Management LLC raised its position in Capital Group Short Duration Income ETF by 2.7% in the second quarter. Lodestone Wealth Management LLC now owns 98,262 shares of the company’s stock worth $2,497,000 after acquiring an additional 2,561 shares during the period. Finally, Continuum Advisory LLC boosted its stake in Capital Group Short Duration Income ETF by 12.9% in the second quarter. Continuum Advisory LLC now owns 39,052 shares of the company’s stock valued at $992,000 after acquiring an additional 4,452 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD stock opened at $25.66 on Friday. The company has a 50 day moving average of $25.81 and a 200-day moving average of $25.64. Capital Group Short Duration Income ETF has a 12-month low of $25.06 and a 12-month high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were paid a $0.083 dividend. The ex-dividend date was Friday, September 27th.

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.