Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 35.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,621 shares of the company’s stock after purchasing an additional 9,083 shares during the period. Private Advisor Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $880,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Concourse Financial Group Securities Inc. increased its position in shares of Capital Group Short Duration Income ETF by 60.7% during the first quarter. Concourse Financial Group Securities Inc. now owns 10,805 shares of the company’s stock worth $275,000 after purchasing an additional 4,080 shares in the last quarter. Trilogy Capital Inc. acquired a new position in shares of Capital Group Short Duration Income ETF during the first quarter worth $282,000. TrueWealth Advisors LLC acquired a new position in shares of Capital Group Short Duration Income ETF during the second quarter worth $286,000. CGN Advisors LLC increased its position in shares of Capital Group Short Duration Income ETF by 10.8% in the 1st quarter. CGN Advisors LLC now owns 12,817 shares of the company’s stock valued at $325,000 after acquiring an additional 1,247 shares during the period. Finally, LongView Wealth Management acquired a new position in shares of Capital Group Short Duration Income ETF in the 2nd quarter valued at $416,000.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA CGSD opened at $25.96 on Tuesday. The stock’s fifty day moving average price is $25.72 and its 200 day moving average price is $25.51. Capital Group Short Duration Income ETF has a 1 year low of $24.97 and a 1 year high of $25.97.

Capital Group Short Duration Income ETF Announces Dividend

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

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.