New England Capital Financial Advisors LLC Has $6.18 Million Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

New England Capital Financial Advisors LLC increased its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 241,136 shares of the company’s stock after purchasing an additional 13,384 shares during the period. Capital Group Short Duration Income ETF makes up 3.0% of New England Capital Financial Advisors LLC’s holdings, making the stock its 9th biggest holding. New England Capital Financial Advisors LLC owned 1.36% of Capital Group Short Duration Income ETF worth $6,183,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CGSD. Private Advisor Group LLC increased its holdings in Capital Group Short Duration Income ETF by 464.6% in the 3rd quarter. Private Advisor Group LLC now owns 195,486 shares of the company’s stock valued at $5,065,000 after buying an additional 160,865 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Capital Group Short Duration Income ETF by 106.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 115,875 shares of the company’s stock worth $3,002,000 after acquiring an additional 59,802 shares in the last quarter. Gateway Wealth Partners LLC bought a new position in Capital Group Short Duration Income ETF in the third quarter valued at approximately $220,000. TrueWealth Advisors LLC raised its position in 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 valued at $451,000 after purchasing an additional 6,117 shares in the last quarter. Finally, Smith Thornton Advisors LLC acquired a new position in Capital Group Short Duration Income ETF during the third quarter valued at approximately $718,000.

Capital Group Short Duration Income ETF Stock Up 0.1 %

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

Capital Group Short Duration Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors 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.