International Assets Investment Management LLC Increases Stock Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

International Assets Investment Management LLC raised its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 3,096.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,587,209 shares of the company’s stock after buying an additional 3,474,992 shares during the quarter. International Assets Investment Management LLC owned about 20.27% of Capital Group Short Duration Income ETF worth $929,450,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its position in Capital Group Short Duration Income ETF by 227.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 56,073 shares of the company’s stock valued at $1,425,000 after buying an additional 38,937 shares during the period. Concourse Financial Group Securities Inc. lifted its position in 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 valued at $275,000 after buying an additional 4,080 shares during the period. Cetera Advisors LLC raised its position in shares of Capital Group Short Duration Income ETF by 1.0% in the 1st quarter. Cetera Advisors LLC now owns 159,209 shares of the company’s stock worth $4,043,000 after purchasing an additional 1,504 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Capital Group Short Duration Income ETF by 35.6% in the 2nd quarter. Private Advisor Group LLC now owns 34,621 shares of the company’s stock worth $880,000 after purchasing an additional 9,083 shares during the last quarter. Finally, OLD Mission Capital LLC raised its position in shares of Capital Group Short Duration Income ETF by 308.7% in the 1st quarter. OLD Mission Capital LLC now owns 142,297 shares of the company’s stock worth $3,614,000 after purchasing an additional 107,482 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Down 0.1 %

CGSD opened at $25.76 on Thursday. The stock has a 50-day moving average price of $25.84 and a 200-day moving average price of $25.60. Capital Group Short Duration Income ETF has a 1 year low of $24.97 and a 1 year high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were given a $0.083 dividend. The ex-dividend date of this dividend was Friday, September 27th.

Capital Group Short Duration Income ETF Company 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.