Stephens Inc. AR Has $1.14 Million Position in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM)

Stephens Inc. AR reduced its holdings in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 2.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,855 shares of the company’s stock after selling 950 shares during the period. Stephens Inc. AR owned approximately 0.17% of Capital Group Short Duration Municipal Income ETF worth $1,141,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CGSM. Wealth Enhancement Advisory Services LLC increased its stake in Capital Group Short Duration Municipal Income ETF by 2.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 159,487 shares of the company’s stock valued at $4,148,000 after purchasing an additional 3,670 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Capital Group Short Duration Municipal Income ETF by 3.9% in the first quarter. Janney Montgomery Scott LLC now owns 89,745 shares of the company’s stock valued at $2,334,000 after purchasing an additional 3,391 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Capital Group Short Duration Municipal Income ETF by 21.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 111,655 shares of the company’s stock valued at $2,900,000 after purchasing an additional 19,469 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Capital Group Short Duration Municipal Income ETF by 8.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 10,380 shares of the company’s stock valued at $270,000 after purchasing an additional 779 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Capital Group Short Duration Municipal Income ETF in the fourth quarter valued at approximately $421,000.

Capital Group Short Duration Municipal Income ETF Stock Down 0.1%

Shares of NYSEARCA:CGSM opened at $26.12 on Thursday. Capital Group Short Duration Municipal Income ETF has a 52 week low of $25.55 and a 52 week high of $26.34. The company has a 50 day moving average price of $26.03 and a two-hundred day moving average price of $26.02.

About Capital Group Short Duration Municipal Income ETF

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.