WR Wealth Planners LLC Decreases Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

WR Wealth Planners LLC lowered its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 33.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,663 shares of the company’s stock after selling 1,856 shares during the period. WR Wealth Planners LLC’s holdings in Capital Group Short Duration Income ETF were worth $94,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brookstone Capital Management purchased a new position in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $544,000. DAVENPORT & Co LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 2.1% in the fourth quarter. DAVENPORT & Co LLC now owns 24,582 shares of the company’s stock worth $630,000 after buying an additional 515 shares during the last quarter. TrueWealth Advisors LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 54.3% in the third quarter. TrueWealth Advisors LLC now owns 17,388 shares of the company’s stock worth $451,000 after buying an additional 6,117 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Capital Group Short Duration Income ETF by 888.0% in the third quarter. Captrust Financial Advisors now owns 191,986 shares of the company’s stock worth $4,974,000 after buying an additional 172,554 shares during the last quarter. Finally, Raymond James Trust N.A. purchased a new position in shares of Capital Group Short Duration Income ETF in the third quarter worth $390,000.

Capital Group Short Duration Income ETF Trading Down 0.2 %

NYSEARCA:CGSD opened at $25.82 on Friday. Capital Group Short Duration Income ETF has a 1-year low of $25.21 and a 1-year high of $26.01. The company’s fifty day moving average price is $25.70 and its 200-day moving average price is $25.75.

Capital Group Short Duration Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were paid a $0.0778 dividend. The ex-dividend date was Friday, January 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.