Kestra Advisory Services LLC Has $5.56 Million Stock Holdings in Capital Group Short Duration Income ETF $CGSD

Kestra Advisory Services LLC raised its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 196.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 215,737 shares of the company’s stock after buying an additional 143,012 shares during the period. Kestra Advisory Services LLC owned about 0.26% of Capital Group Short Duration Income ETF worth $5,564,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CGSD. Flagship Harbor Advisors LLC acquired a new position in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $28,000. Birchwood Financial Partners Inc. acquired a new stake in Capital Group Short Duration Income ETF during the fourth quarter valued at $32,000. Central Pacific Bank Trust Division purchased a new position in Capital Group Short Duration Income ETF in the fourth quarter valued at about $36,000. Sound Income Strategies LLC purchased a new position in Capital Group Short Duration Income ETF in the first quarter valued at about $39,000. Finally, IFP Advisors Inc increased its position in Capital Group Short Duration Income ETF by 102.4% in the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after purchasing an additional 900 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.2%

CGSD opened at $25.75 on Thursday. Capital Group Short Duration Income ETF has a fifty-two week low of $25.67 and a fifty-two week high of $26.15. The business has a 50-day moving average of $25.77 and a 200-day moving average of $25.90.

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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.