Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Stake Boosted by Inspire Advisors LLC

Inspire Advisors LLC raised its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 2.3% during the 4th quarter, HoldingsChannel reports. The fund owned 83,257 shares of the company’s stock after purchasing an additional 1,868 shares during the period. Inspire Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $2,135,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Spire Wealth Management purchased a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth approximately $124,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter valued at $168,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter valued at $250,000. Delta Financial Group Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 20.6% during the 4th quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock valued at $286,000 after buying an additional 1,902 shares during the period. Finally, Raymond James Trust N.A. acquired a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter valued at $390,000.

Capital Group Short Duration Income ETF Price Performance

Shares of NYSEARCA:CGSD opened at $25.87 on Tuesday. The firm has a fifty day moving average of $25.73 and a two-hundred day moving average of $25.76. Capital Group Short Duration Income ETF has a 12-month low of $25.21 and a 12-month high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

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

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.