Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Stake Raised by LPL Financial LLC

LPL Financial LLC boosted its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 59.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,158,245 shares of the company’s stock after acquiring an additional 807,350 shares during the quarter. LPL Financial LLC owned 0.12% of Capital Group Short Duration Income ETF worth $55,337,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CGSD. Captrust Financial Advisors grew its holdings in shares of Capital Group Short Duration Income ETF by 888.0% during the 3rd quarter. Captrust Financial Advisors now owns 191,986 shares of the company’s stock valued at $4,974,000 after acquiring an additional 172,554 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Capital Group Short Duration Income ETF in the third quarter valued at about $3,108,000. Kestra Investment Management LLC increased its position in Capital Group Short Duration Income ETF by 42.5% in the 3rd quarter. Kestra Investment Management LLC now owns 45,389 shares of the company’s stock worth $1,176,000 after purchasing an additional 13,533 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth about $3,235,000. Finally, Stifel Financial Corp lifted its holdings in shares of Capital Group Short Duration Income ETF by 5.7% during the 3rd quarter. Stifel Financial Corp now owns 127,692 shares of the company’s stock valued at $3,309,000 after buying an additional 6,871 shares during the last quarter.

Capital Group Short Duration Income ETF Trading Up 0.0 %

NYSEARCA CGSD opened at $25.85 on Friday. Capital Group Short Duration Income ETF has a 12-month low of $25.21 and a 12-month high of $26.02. The company has a 50 day moving average price of $25.78 and a two-hundred day moving average price of $25.76.

Capital Group Short Duration Income ETF Cuts Dividend

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