LongView Wealth Management Grows Stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

LongView Wealth Management increased its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 107.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 54,673 shares of the company’s stock after acquiring an additional 28,312 shares during the period. LongView Wealth Management owned approximately 0.31% of Capital Group Short Duration Income ETF worth $1,402,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in CGSD. Gateway Wealth Partners LLC acquired a new position in Capital Group Short Duration Income ETF in the 3rd quarter worth $220,000. Delta Financial Group Inc. acquired a new position in shares of Capital Group Short Duration Income ETF in the third quarter worth about $239,000. Raymond James Trust N.A. purchased a new position in Capital Group Short Duration Income ETF in the third quarter valued at about $390,000. Trilogy Capital Inc. grew its stake in Capital Group Short Duration Income ETF by 3.0% during the 3rd quarter. Trilogy Capital Inc. now owns 15,180 shares of the company’s stock valued at $393,000 after purchasing an additional 440 shares in the last quarter. Finally, Good Life Advisors LLC acquired a new position in shares of Capital Group Short Duration Income ETF in the 3rd quarter valued at approximately $401,000.

Capital Group Short Duration Income ETF Stock Up 0.1 %

CGSD opened at $25.71 on Friday. Capital Group Short Duration Income ETF has a 12-month low of $25.21 and a 12-month high of $26.01. The firm’s fifty day moving average price is $25.67 and its 200 day moving average price is $25.72.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were paid a dividend of $0.0902 per share. This is a positive change from Capital Group Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, November 29th.

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.