Dynamic Advisor Solutions LLC Reduces Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Dynamic Advisor Solutions LLC decreased its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 1.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 39,551 shares of the company’s stock after selling 471 shares during the period. Dynamic Advisor Solutions LLC owned about 0.22% of Capital Group Short Duration Income ETF worth $1,014,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in CGSD. International Assets Investment Management LLC grew its holdings in Capital Group Short Duration Income ETF by 3,096.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock worth $929,450,000 after acquiring an additional 3,474,992 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Capital Group Short Duration Income ETF by 14.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,470,612 shares of the company’s stock valued at $38,104,000 after purchasing an additional 182,046 shares during the period. Cetera Investment Advisers raised its position in Capital Group Short Duration Income ETF by 2.6% during the 2nd quarter. Cetera Investment Advisers now owns 964,072 shares of the company’s stock valued at $24,497,000 after purchasing an additional 24,259 shares during the last quarter. Beta Wealth Group Inc. purchased a new stake in Capital Group Short Duration Income ETF in the 3rd quarter worth approximately $7,465,000. Finally, Souders Financial Advisors grew its position in shares of Capital Group Short Duration Income ETF by 13.3% in the 3rd quarter. Souders Financial Advisors now owns 268,707 shares of the company’s stock worth $6,962,000 after buying an additional 31,468 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of Capital Group Short Duration Income ETF stock opened at $25.73 on Monday. The business has a 50 day moving average of $25.68 and a 200 day moving average of $25.73. Capital Group Short Duration Income ETF has a 52 week low of $25.21 and a 52 week high of $26.01.

Capital Group Short Duration Income ETF Increases Dividend

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

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.