Perennial Investment Advisors LLC Has $741,000 Stock Position in Capital Group Short Duration Income ETF $CGSD

Perennial Investment Advisors LLC raised its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 13.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,570 shares of the company’s stock after purchasing an additional 3,280 shares during the quarter. Perennial Investment Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $741,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Signature Resources Capital Management LLC boosted its position in Capital Group Short Duration Income ETF by 197.4% during the 2nd quarter. Signature Resources Capital Management LLC now owns 2,284 shares of the company’s stock worth $59,000 after acquiring an additional 1,516 shares during the period. Private Trust Co. NA boosted its holdings in shares of Capital Group Short Duration Income ETF by 173.8% during the second quarter. Private Trust Co. NA now owns 2,738 shares of the company’s stock worth $71,000 after purchasing an additional 1,738 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in shares of Capital Group Short Duration Income ETF by 51.3% during the second quarter. Cullen Frost Bankers Inc. now owns 4,056 shares of the company’s stock worth $105,000 after purchasing an additional 1,376 shares during the period. Comerica Bank grew its position in Capital Group Short Duration Income ETF by 762.0% during the first quarter. Comerica Bank now owns 6,663 shares of the company’s stock valued at $172,000 after purchasing an additional 5,890 shares in the last quarter. Finally, Capital Analysts LLC acquired a new position in Capital Group Short Duration Income ETF in the 1st quarter valued at approximately $198,000.

Capital Group Short Duration Income ETF Trading Up 0.2%

CGSD stock opened at $26.01 on Wednesday. Capital Group Short Duration Income ETF has a 12-month low of $25.55 and a 12-month high of $26.14. The company has a 50 day moving average of $26.04 and a two-hundred day moving average of $25.96.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were given a $0.1087 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Friday, October 31st. This is an increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.09.

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.