CGN Advisors LLC Sells 1,692 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

CGN Advisors LLC decreased its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 12.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,409 shares of the company’s stock after selling 1,692 shares during the period. CGN Advisors LLC owned about 0.07% of Capital Group Short Duration Income ETF worth $318,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CGSD. Brookstone Capital Management bought a new position in Capital Group Short Duration Income ETF during the 4th quarter valued at $544,000. Bridgewealth Advisory Group LLC lifted its position in shares of Capital Group Short Duration Income ETF by 30.2% during the second quarter. Bridgewealth Advisory Group LLC now owns 532,318 shares of the company’s stock valued at $13,526,000 after purchasing an additional 123,369 shares in the last quarter. Souders Financial Advisors boosted its holdings in Capital Group Short Duration Income ETF by 3.1% during the second quarter. Souders Financial Advisors now owns 237,239 shares of the company’s stock worth $6,028,000 after purchasing an additional 7,199 shares during the last quarter. Kestra Investment Management LLC bought a new stake in Capital Group Short Duration Income ETF in the 2nd quarter worth about $809,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Capital Group Short Duration Income ETF by 171.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 70,863 shares of the company’s stock valued at $1,801,000 after buying an additional 44,753 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

Capital Group Short Duration Income ETF stock opened at $25.71 on Friday. Capital Group Short Duration Income ETF has a 52 week low of $25.21 and a 52 week high of $26.01. The company’s 50 day moving average price is $25.67 and its two-hundred day moving average price is $25.73.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a dividend of $0.0902 per share. This is a positive change from Capital Group Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, November 29th.

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.