Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Stake Increased by LongView Wealth Management

LongView Wealth Management raised its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 0.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,139 shares of the company’s stock after acquiring an additional 466 shares during the quarter. LongView Wealth Management’s holdings in Capital Group Short Duration Income ETF were worth $1,423,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its stake in shares of Capital Group Short Duration Income ETF by 59.8% in the 4th quarter. LPL Financial LLC now owns 2,158,245 shares of the company’s stock valued at $55,337,000 after purchasing an additional 807,350 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Capital Group Short Duration Income ETF by 9.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,606,759 shares of the company’s stock valued at $41,197,000 after buying an additional 136,147 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Capital Group Short Duration Income ETF by 8.6% during the 4th quarter. Cetera Investment Advisers now owns 1,319,845 shares of the company’s stock worth $33,841,000 after buying an additional 103,978 shares during the last quarter. WNY Asset Management LLC grew its position in shares of Capital Group Short Duration Income ETF by 0.7% in the 4th quarter. WNY Asset Management LLC now owns 866,609 shares of the company’s stock worth $22,220,000 after acquiring an additional 6,395 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC grew its position in shares of Capital Group Short Duration Income ETF by 21.7% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 755,083 shares of the company’s stock worth $19,428,000 after acquiring an additional 134,485 shares in the last quarter.

Capital Group Short Duration Income ETF Price Performance

CGSD stock opened at $25.86 on Friday. The stock’s 50 day simple moving average is $25.82 and its 200 day simple moving average is $25.77. Capital Group Short Duration Income ETF has a 12-month low of $25.38 and a 12-month high of $26.02.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were issued a dividend of $0.0943 per share. This is a boost from Capital Group Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date was Friday, March 28th.

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.