Smith Thornton Advisors LLC Purchases 23,540 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Smith Thornton Advisors LLC lifted its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 84.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,265 shares of the company’s stock after buying an additional 23,540 shares during the quarter. Smith Thornton Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $1,314,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its stake in shares of Capital Group Short Duration Income ETF by 3,096.7% in the third quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock valued at $929,450,000 after buying an additional 3,474,992 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Capital Group Short Duration Income ETF by 14.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,470,612 shares of the company’s stock valued at $38,104,000 after purchasing an additional 182,046 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Capital Group Short Duration Income ETF by 2.6% during the 2nd quarter. Cetera Investment Advisers now owns 964,072 shares of the company’s stock valued at $24,497,000 after purchasing an additional 24,259 shares during the last quarter. Bridgewealth Advisory Group LLC lifted its holdings in Capital Group Short Duration Income ETF by 30.2% during the 2nd 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 during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Capital Group Short Duration Income ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 409,535 shares of the company’s stock valued at $10,406,000 after purchasing an additional 119,082 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.4 %

Shares of Capital Group Short Duration Income ETF stock opened at $25.71 on Thursday. The business has a fifty day simple moving average of $25.67 and a two-hundred day simple moving average of $25.72. Capital Group Short Duration Income ETF has a 1 year low of $25.21 and a 1 year high of $26.01.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were issued a dividend of $0.0902 per share. This is an increase 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 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.