Stonebridge Financial Group LLC increased its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 344.9% in the second quarter, HoldingsChannel reports. The firm owned 51,026 shares of the company’s stock after purchasing an additional 39,556 shares during the period. Stonebridge Financial Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $1,313,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in Capital Group Short Duration Income ETF during the fourth quarter valued at about $28,000. Birchwood Financial Partners Inc. acquired a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth about $32,000. Sound Income Strategies LLC bought a new stake in shares of Capital Group Short Duration Income ETF during the 1st quarter worth about $39,000. IFP Advisors Inc boosted its stake in shares of Capital Group Short Duration Income ETF by 102.4% during the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after acquiring an additional 900 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Capital Group Short Duration Income ETF during the 2nd quarter valued at about $49,000.
Capital Group Short Duration Income ETF Price Performance
Shares of NYSEARCA CGSD opened at $25.65 on Tuesday. The business’s 50-day simple moving average is $25.74 and its 200-day simple moving average is $25.87. Capital Group Short Duration Income ETF has a 52 week low of $25.61 and a 52 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.
Featured Articles
- Five stocks we like better than Capital Group Short Duration Income ETF
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Want to see what other hedge funds are holding CGSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report).
Receive News & Ratings for Capital Group Short Duration Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Short Duration Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
