Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Declares Monthly Dividend of $0.09

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) announced a monthly dividend on Monday, September 28th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.0917 per share on Wednesday, September 30th. This represents a $1.10 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Tuesday, September 29th. This is a 3.3% increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0888.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD traded down $0.10 during midday trading on Tuesday, hitting $25.25. 330,507 shares of the stock traded hands, compared to its average volume of 535,311. Capital Group Short Duration Income ETF has a 1-year low of $25.22 and a 1-year high of $26.15. The business’s 50 day moving average price is $25.62 and its two-hundred day moving average price is $25.75.

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.