New England Capital Financial Advisors LLC Sells 184,772 Shares of Capital Group Short Duration Income ETF $CGSD

New England Capital Financial Advisors LLC trimmed its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 71.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 74,129 shares of the company’s stock after selling 184,772 shares during the quarter. Capital Group Short Duration Income ETF makes up 0.5% of New England Capital Financial Advisors LLC’s holdings, making the stock its 18th biggest holding. New England Capital Financial Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $1,912,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CGSD. Financial Management Network Inc. increased its stake in Capital Group Short Duration Income ETF by 16.1% during the fourth quarter. Financial Management Network Inc. now owns 270,202 shares of the company’s stock worth $7,023,000 after acquiring an additional 37,435 shares during the last quarter. Lodestone Wealth Management LLC lifted its stake in shares of Capital Group Short Duration Income ETF by 27.1% in the 4th quarter. Lodestone Wealth Management LLC now owns 235,176 shares of the company’s stock valued at $6,117,000 after purchasing an additional 50,146 shares during the last quarter. Landaas & Co. WI ADV lifted its stake in shares of Capital Group Short Duration Income ETF by 118.3% in the 4th quarter. Landaas & Co. WI ADV now owns 541,876 shares of the company’s stock valued at $14,094,000 after purchasing an additional 293,652 shares during the last quarter. Petredis Investment Advisors LLC boosted its holdings in shares of Capital Group Short Duration Income ETF by 21.2% in the 4th quarter. Petredis Investment Advisors LLC now owns 209,731 shares of the company’s stock worth $5,455,000 after purchasing an additional 36,616 shares during the period. Finally, Souders Financial Advisors boosted its holdings in shares of Capital Group Short Duration Income ETF by 4.9% in the 4th quarter. Souders Financial Advisors now owns 455,868 shares of the company’s stock worth $11,857,000 after purchasing an additional 21,123 shares during the period.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA CGSD opened at $25.74 on Friday. The business’s 50 day moving average price is $25.79 and its 200-day moving average price is $25.92. Capital Group Short Duration Income ETF has a fifty-two week low of $25.70 and a fifty-two week 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.