Jane Street Group LLC Purchases 49,123 Shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM)

Jane Street Group LLC raised its holdings in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 225.5% during the third quarter, Holdings Channel.com reports. The fund owned 70,904 shares of the company’s stock after buying an additional 49,123 shares during the period. Jane Street Group LLC’s holdings in Capital Group Short Duration Municipal Income ETF were worth $1,862,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in shares of Capital Group Short Duration Municipal Income ETF during the third quarter worth about $81,740,000. Janney Montgomery Scott LLC purchased a new stake in Capital Group Short Duration Municipal Income ETF during the 3rd quarter valued at approximately $2,180,000. Private Advisor Group LLC grew its holdings in Capital Group Short Duration Municipal Income ETF by 168.8% during the 3rd quarter. Private Advisor Group LLC now owns 123,579 shares of the company’s stock valued at $3,245,000 after buying an additional 77,611 shares in the last quarter. Assetmark Inc. bought a new stake in shares of Capital Group Short Duration Municipal Income ETF during the third quarter valued at approximately $1,687,000. Finally, Beta Wealth Group Inc. lifted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 22.5% in the third quarter. Beta Wealth Group Inc. now owns 230,667 shares of the company’s stock worth $6,057,000 after buying an additional 42,435 shares in the last quarter.

Capital Group Short Duration Municipal Income ETF Stock Up -0.3 %

CGSM opened at $25.95 on Thursday. The company has a fifty day moving average of $26.13 and a 200 day moving average of $26.08. Capital Group Short Duration Municipal Income ETF has a fifty-two week low of $25.54 and a fifty-two week high of $26.34.

Capital Group Short Duration Municipal Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were given a dividend of $0.0608 per share. This is a positive change from Capital Group Short Duration Municipal Income ETF’s previous dividend of $0.03. The ex-dividend date was Friday, November 29th.

Capital Group Short Duration Municipal Income ETF Company Profile

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.