World Investment Advisors Purchases 13,227 Shares of Capital Group Short Duration Income ETF $CGSD

World Investment Advisors increased its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 166.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 21,191 shares of the company’s stock after acquiring an additional 13,227 shares during the period. World Investment Advisors’ holdings in Capital Group Short Duration Income ETF were worth $550,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC raised its stake in Capital Group Short Duration Income ETF by 30.8% in the first quarter. LPL Financial LLC now owns 2,823,430 shares of the company’s stock worth $72,873,000 after buying an additional 665,185 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Capital Group Short Duration Income ETF by 13.5% during the first quarter. Commonwealth Equity Services LLC now owns 1,824,041 shares of the company’s stock valued at $47,078,000 after buying an additional 217,282 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Capital Group Short Duration Income ETF by 15.0% during the first quarter. Cetera Investment Advisers now owns 1,517,599 shares of the company’s stock valued at $39,169,000 after buying an additional 197,754 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Short Duration Income ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,035,466 shares of the company’s stock valued at $26,855,000 after buying an additional 182,154 shares during the last quarter. Finally, WNY Asset Management LLC grew its position in Capital Group Short Duration Income ETF by 6.5% in the 2nd quarter. WNY Asset Management LLC now owns 960,267 shares of the company’s stock worth $24,905,000 after purchasing an additional 58,334 shares during the period.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA CGSD opened at $25.96 on Monday. The business’s fifty day moving average price is $26.05 and its 200-day moving average price is $25.94. Capital Group Short Duration Income ETF has a 1-year low of $25.55 and a 1-year high of $26.13.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 31st will be issued a dividend of $0.1087 per share. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, October 31st. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.09.

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.