Smith Thornton Advisors LLC Makes New $718,000 Investment in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Smith Thornton Advisors LLC acquired a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) in the 3rd quarter, Holdings Channel reports. The fund acquired 27,725 shares of the company’s stock, valued at approximately $718,000.

A number of other hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC increased its position in shares of Capital Group Short Duration Income ETF by 3,096.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock valued at $929,450,000 after purchasing an additional 3,474,992 shares during the period. Commonwealth Equity Services LLC boosted its stake in Capital Group Short Duration Income ETF by 14.1% during the third quarter. Commonwealth Equity Services LLC now owns 1,470,612 shares of the company’s stock valued at $38,104,000 after buying an additional 182,046 shares in the last quarter. Cetera Investment Advisers grew its holdings in Capital Group Short Duration Income ETF by 2.6% during the second quarter. Cetera Investment Advisers now owns 964,072 shares of the company’s stock worth $24,497,000 after acquiring an additional 24,259 shares during the period. Cetera Advisor Networks LLC raised its position in Capital Group Short Duration Income ETF by 2.7% in the first quarter. Cetera Advisor Networks LLC now owns 600,453 shares of the company’s stock worth $15,249,000 after acquiring an additional 15,754 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in Capital Group Short Duration Income ETF by 8.7% in the 1st quarter. Osaic Holdings Inc. now owns 551,528 shares of the company’s stock valued at $14,007,000 after acquiring an additional 44,347 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.2 %

Shares of CGSD opened at $25.68 on Friday. The firm’s 50 day moving average is $25.82 and its 200-day moving average is $25.63. Capital Group Short Duration Income ETF has a 12-month low of $25.06 and a 12-month high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were issued a $0.083 dividend. The ex-dividend date of this dividend was Friday, September 27th.

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.