RFP Financial Group LLC Sells 223,476 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

RFP Financial Group LLC trimmed its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 88.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,949 shares of the company’s stock after selling 223,476 shares during the period. RFP Financial Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $747,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Dynamic Advisor Solutions LLC lifted its stake in shares of Capital Group Short Duration Income ETF by 2.5% in the first quarter. Dynamic Advisor Solutions LLC now owns 40,551 shares of the company’s stock valued at $1,047,000 after buying an additional 1,000 shares during the period. Citadel Advisors LLC bought a new position in Capital Group Short Duration Income ETF during the fourth quarter worth about $2,195,000. NBC Securities Inc. lifted its stake in Capital Group Short Duration Income ETF by 9,737.5% during the first quarter. NBC Securities Inc. now owns 1,574 shares of the company’s stock worth $40,000 after purchasing an additional 1,558 shares during the period. Steward Partners Investment Advisory LLC bought a new position in Capital Group Short Duration Income ETF during the fourth quarter worth about $168,000. Finally, Wells Fargo & Company MN lifted its stake in Capital Group Short Duration Income ETF by 44.5% during the fourth quarter. Wells Fargo & Company MN now owns 141,173 shares of the company’s stock worth $3,620,000 after purchasing an additional 43,486 shares during the period.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.89 on Friday. Capital Group Short Duration Income ETF has a 12 month low of $25.38 and a 12 month high of $26.02. The company has a 50-day moving average price of $25.83 and a two-hundred day moving average price of $25.77.

Capital Group Short Duration Income ETF Increases Dividend

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

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.