Capital Group Short Duration Income ETF $CGSD Stock Holdings Boosted by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC lifted its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 13.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,570 shares of the company’s stock after buying an additional 3,280 shares during the period. Perennial Investment Advisors LLC owned approximately 0.05% of Capital Group Short Duration Income ETF worth $741,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Signature Resources Capital Management LLC grew its holdings in Capital Group Short Duration Income ETF by 197.4% during the second quarter. Signature Resources Capital Management LLC now owns 2,284 shares of the company’s stock worth $59,000 after acquiring an additional 1,516 shares during the period. Private Trust Co. NA boosted its position in shares of Capital Group Short Duration Income ETF by 173.8% during the 2nd quarter. Private Trust Co. NA now owns 2,738 shares of the company’s stock valued at $71,000 after purchasing an additional 1,738 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of Capital Group Short Duration Income ETF by 51.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,056 shares of the company’s stock worth $105,000 after purchasing an additional 1,376 shares during the last quarter. Comerica Bank raised its holdings in shares of Capital Group Short Duration Income ETF by 762.0% in the 1st quarter. Comerica Bank now owns 6,663 shares of the company’s stock worth $172,000 after purchasing an additional 5,890 shares in the last quarter. Finally, Capital Analysts LLC bought a new stake in shares of Capital Group Short Duration Income ETF in the 1st quarter worth approximately $198,000.

Capital Group Short Duration Income ETF Stock Performance

Shares of NYSEARCA:CGSD opened at $26.01 on Wednesday. Capital Group Short Duration Income ETF has a 1-year low of $25.55 and a 1-year high of $26.14. The company has a 50 day moving average price of $26.04 and a 200 day moving average price of $25.96.

Capital Group Short Duration Income ETF Increases Dividend

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

Capital Group Short Duration Income ETF Company 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.