Souders Financial Advisors Acquires 7,199 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Souders Financial Advisors grew its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 237,239 shares of the company’s stock after acquiring an additional 7,199 shares during the quarter. Souders Financial Advisors owned 1.34% of Capital Group Short Duration Income ETF worth $6,028,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CGSD. Concourse Financial Group Securities Inc. boosted its position in shares of Capital Group Short Duration Income ETF by 60.7% in the first quarter. Concourse Financial Group Securities Inc. now owns 10,805 shares of the company’s stock valued at $275,000 after acquiring an additional 4,080 shares during the period. Trilogy Capital Inc. bought a new stake in Capital Group Short Duration Income ETF during the first quarter worth about $282,000. TrueWealth Advisors LLC bought a new stake in Capital Group Short Duration Income ETF during the second quarter worth about $286,000. CGN Advisors LLC lifted its position in Capital Group Short Duration Income ETF by 10.8% during the first quarter. CGN Advisors LLC now owns 12,817 shares of the company’s stock worth $325,000 after purchasing an additional 1,247 shares during the period. Finally, Ausdal Financial Partners Inc. bought a new stake in Capital Group Short Duration Income ETF during the second quarter worth about $365,000.

Capital Group Short Duration Income ETF Price Performance

CGSD opened at $25.91 on Tuesday. Capital Group Short Duration Income ETF has a twelve month low of $24.97 and a twelve month high of $26.01. The company has a 50-day simple moving average of $25.81 and a 200 day simple moving average of $25.55.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a dividend of $0.083 per share. The ex-dividend date was Friday, September 27th.

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.