Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Stock Position Decreased by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors trimmed its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,750 shares of the company’s stock after selling 1,763 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Capital Group Short Duration Income ETF were worth $865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in CGSD. Raymond James Financial Inc. bought a new position in Capital Group Short Duration Income ETF during the fourth quarter valued at about $13,943,000. Souders Financial Advisors raised its stake in shares of Capital Group Short Duration Income ETF by 16.6% in the 4th quarter. Souders Financial Advisors now owns 313,335 shares of the company’s stock valued at $8,034,000 after acquiring an additional 44,628 shares in the last quarter. Beta Wealth Group Inc. lifted its holdings in Capital Group Short Duration Income ETF by 4.6% in the 4th quarter. Beta Wealth Group Inc. now owns 301,386 shares of the company’s stock worth $7,728,000 after purchasing an additional 13,271 shares during the last quarter. RFP Financial Group LLC bought a new stake in Capital Group Short Duration Income ETF during the fourth quarter worth approximately $6,472,000. Finally, Great Valley Advisor Group Inc. acquired a new position in Capital Group Short Duration Income ETF during the third quarter valued at approximately $6,509,000.

Capital Group Short Duration Income ETF Stock Performance

Shares of Capital Group Short Duration Income ETF stock opened at $25.83 on Friday. The firm has a fifty day simple moving average of $25.72 and a 200-day simple moving average of $25.75. 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 Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were given a dividend of $0.0778 per share. The ex-dividend date of this dividend 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.