ST Germain D J Co. Inc. Sells 4,524 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

ST Germain D J Co. Inc. cut its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 44.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 5,701 shares of the company’s stock after selling 4,524 shares during the quarter. ST Germain D J Co. Inc.’s holdings in Capital Group Short Duration Income ETF were worth $145,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of CGSD. Private Trust Co. NA acquired a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter worth $25,000. Concourse Financial Group Securities Inc. grew its stake in Capital Group Short Duration Income ETF by 146.8% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 6,725 shares of the company’s stock worth $172,000 after buying an additional 4,000 shares in the last quarter. Principal Securities Inc. bought a new position in Capital Group Short Duration Income ETF in the 4th quarter valued at about $211,000. Western Wealth Management LLC acquired a new position in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at approximately $274,000. Finally, Trilogy Capital Inc. acquired a new position in shares of Capital Group Short Duration Income ETF in the 1st quarter valued at approximately $282,000.

Capital Group Short Duration Income ETF Stock Performance

Shares of NYSEARCA CGSD remained flat at $25.75 during trading hours on Tuesday. 402,764 shares of the company traded hands, compared to its average volume of 154,032. The firm has a fifty day moving average of $25.51 and a two-hundred day moving average of $25.45. Capital Group Short Duration Income ETF has a twelve month low of $24.97 and a twelve month high of $25.87.

Capital Group Short Duration Income ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 1st. Stockholders of record on Wednesday, July 31st were paid a $0.1183 dividend. The ex-dividend date of this dividend was Wednesday, July 31st.

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.