Delta Financial Group Inc. Purchases 1,902 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Delta Financial Group Inc. increased its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 20.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,145 shares of the company’s stock after purchasing an additional 1,902 shares during the quarter. Delta Financial Group Inc. owned approximately 0.06% of Capital Group Short Duration Income ETF worth $286,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new stake in Capital Group Short Duration Income ETF in the 4th quarter worth approximately $124,000. Gateway Wealth Partners LLC acquired a new stake in Capital Group Short Duration Income ETF in the 3rd quarter worth approximately $220,000. Raymond James Trust N.A. acquired a new stake in Capital Group Short Duration Income ETF in the 3rd quarter worth approximately $390,000. Janney Montgomery Scott LLC lifted its holdings in shares of Capital Group Short Duration Income ETF by 9.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 16,123 shares of the company’s stock worth $413,000 after buying an additional 1,459 shares during the last quarter. Finally, TrueWealth Advisors LLC lifted its holdings in shares of Capital Group Short Duration Income ETF by 54.3% during the third quarter. TrueWealth Advisors LLC now owns 17,388 shares of the company’s stock worth $451,000 after buying an additional 6,117 shares during the last quarter.

Capital Group Short Duration Income ETF Trading Up 0.1 %

Shares of CGSD stock opened at $25.80 on Monday. Capital Group Short Duration Income ETF has a 12 month low of $25.21 and a 12 month high of $26.01. The stock has a 50 day moving average of $25.69 and a 200-day moving average of $25.75.

Capital Group Short Duration Income ETF Cuts Dividend

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