Private Advisor Group LLC Has $5.34 Million Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Private Advisor Group LLC grew its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 208,344 shares of the company’s stock after purchasing an additional 12,858 shares during the quarter. Private Advisor Group LLC owned approximately 1.18% of Capital Group Short Duration Income ETF worth $5,342,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Beta Wealth Group Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 4.6% in the 4th quarter. Beta Wealth Group Inc. now owns 301,386 shares of the company’s stock valued at $7,728,000 after purchasing an additional 13,271 shares during the last quarter. Souders Financial Advisors boosted its stake in shares of Capital Group Short Duration Income ETF by 13.3% in the 3rd quarter. Souders Financial Advisors now owns 268,707 shares of the company’s stock valued at $6,962,000 after purchasing an additional 31,468 shares during the last quarter. RFP Financial Group LLC bought a new position in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at about $6,472,000. Great Valley Advisor Group Inc. bought a new position in Capital Group Short Duration Income ETF during the 3rd quarter worth approximately $6,509,000. Finally, Kestra Private Wealth Services LLC boosted its stake in Capital Group Short Duration Income ETF by 14.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 221,572 shares of the company’s stock worth $5,681,000 after acquiring an additional 27,483 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

Capital Group Short Duration Income ETF stock opened at $25.80 on Friday. The company’s 50 day simple moving average is $25.69 and its 200 day simple moving average is $25.75. Capital Group Short Duration Income ETF has a fifty-two week low of $25.21 and a fifty-two week high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were given a dividend of $0.0778 per share. The ex-dividend date was Friday, January 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.