Bridgewealth Advisory Group LLC Buys 123,369 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Bridgewealth Advisory Group LLC lifted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 30.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 532,318 shares of the company’s stock after buying an additional 123,369 shares during the period. Capital Group Short Duration Income ETF makes up approximately 6.0% of Bridgewealth Advisory Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Bridgewealth Advisory Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $13,526,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CGSD. Inspire Advisors LLC lifted its holdings in shares of Capital Group Short Duration Income ETF by 6.8% during the second quarter. Inspire Advisors LLC now owns 70,198 shares of the company’s stock worth $1,784,000 after purchasing an additional 4,457 shares during the period. Envestnet Asset Management Inc. lifted its stake in Capital Group Short Duration Income ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 409,535 shares of the company’s stock valued at $10,406,000 after acquiring an additional 119,082 shares during the period. Ausdal Financial Partners Inc. purchased a new stake in shares of Capital Group Short Duration Income ETF in the 2nd quarter valued at $365,000. Private Advisor Group LLC increased its stake in shares of Capital Group Short Duration Income ETF by 35.6% in the second quarter. Private Advisor Group LLC now owns 34,621 shares of the company’s stock worth $880,000 after acquiring an additional 9,083 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 2.3% during the second quarter. Commonwealth Equity Services LLC now owns 1,288,566 shares of the company’s stock worth $32,742,000 after purchasing an additional 29,420 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

Shares of CGSD stock opened at $25.98 on Friday. Capital Group Short Duration Income ETF has a 52-week low of $24.97 and a 52-week high of $26.00. The business has a 50-day simple moving average of $25.76 and a 200-day simple moving average of $25.53.

Capital Group Short Duration Income ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 1st. Investors of record on Wednesday, July 31st were given a dividend of $0.1183 per share. The ex-dividend date of this dividend was Wednesday, July 31st.

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.