Harbour Investments Inc. Reduces Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Harbour Investments Inc. lowered its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 10.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 28,659 shares of the company’s stock after selling 3,411 shares during the period. Harbour Investments Inc.’s holdings in Capital Group Short Duration Income ETF were worth $735,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Spire Wealth Management acquired a new position in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $124,000. Steward Partners Investment Advisory LLC purchased a new stake in Capital Group Short Duration Income ETF during the 4th quarter worth about $168,000. Ashton Thomas Private Wealth LLC acquired a new position in Capital Group Short Duration Income ETF in the 4th quarter valued at about $250,000. Delta Financial Group Inc. lifted its holdings in Capital Group Short Duration Income ETF by 20.6% in the 4th quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock valued at $286,000 after purchasing an additional 1,902 shares in the last quarter. Finally, Raymond James Trust N.A. acquired a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth about $390,000.

Capital Group Short Duration Income ETF Trading Up 0.2 %

Shares of NYSEARCA CGSD opened at $25.85 on Thursday. The company has a 50-day simple moving average of $25.76 and a 200-day simple 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 $26.02.

Capital Group Short Duration Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were issued a $0.0778 dividend. 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.