Independent Advisor Alliance Buys Shares of 33,428 Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Independent Advisor Alliance bought a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSDFree Report) during the fourth quarter, Holdings Channel.com reports. The firm bought 33,428 shares of the company’s stock, valued at approximately $857,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new position in shares of Capital Group Short Duration Income ETF during the fourth quarter worth $124,000. Steward Partners Investment Advisory LLC acquired a new position in shares of Capital Group Short Duration Income ETF during the fourth quarter worth $168,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Capital Group Short Duration Income ETF during the fourth quarter worth $250,000. Delta Financial Group Inc. lifted its holdings in shares of Capital Group Short Duration Income ETF by 20.6% during the fourth quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock worth $286,000 after purchasing an additional 1,902 shares during the period. Finally, Raymond James Trust N.A. acquired a new position in shares of Capital Group Short Duration Income ETF during the third quarter worth $390,000.

Capital Group Short Duration Income ETF Trading Down 0.1 %

Shares of NYSEARCA:CGSD opened at $25.82 on Friday. The firm’s fifty day moving average is $25.75 and its 200-day moving average is $25.76. 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 Cuts Dividend

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

About Capital Group Short Duration Income ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CGSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Short Duration Income ETF (NYSEARCA:CGSDFree Report).

Institutional Ownership by Quarter for Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

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