Bleakley Financial Group LLC Decreases Stake in Capital Group Short Duration Income ETF $CGSD

Bleakley Financial Group LLC reduced its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 15.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,232 shares of the company’s stock after selling 7,120 shares during the period. Bleakley Financial Group LLC owned about 0.07% of Capital Group Short Duration Income ETF worth $992,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. LPL Financial LLC increased its stake in Capital Group Short Duration Income ETF by 30.8% in the 1st quarter. LPL Financial LLC now owns 2,823,430 shares of the company’s stock worth $72,873,000 after purchasing an additional 665,185 shares during the period. Commonwealth Equity Services LLC increased its stake in Capital Group Short Duration Income ETF by 13.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,824,041 shares of the company’s stock worth $47,078,000 after purchasing an additional 217,282 shares during the period. Cetera Investment Advisers increased its stake in Capital Group Short Duration Income ETF by 15.0% in the 1st quarter. Cetera Investment Advisers now owns 1,517,599 shares of the company’s stock worth $39,169,000 after purchasing an additional 197,754 shares during the period. WNY Asset Management LLC increased its stake in Capital Group Short Duration Income ETF by 4.1% in the 1st quarter. WNY Asset Management LLC now owns 901,933 shares of the company’s stock worth $23,279,000 after purchasing an additional 35,324 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Capital Group Short Duration Income ETF by 52.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 853,312 shares of the company’s stock worth $22,024,000 after purchasing an additional 294,905 shares during the period.

Capital Group Short Duration Income ETF Price Performance

Shares of Capital Group Short Duration Income ETF stock opened at $26.10 on Friday. The business’s 50 day simple moving average is $26.04 and its two-hundred day simple moving average is $25.93. Capital Group Short Duration Income ETF has a one year low of $25.55 and a one year high of $26.13.

Capital Group Short Duration Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were given a $0.0931 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, September 29th.

Capital Group Short Duration Income ETF 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.