Capital Group Short Duration Income ETF $CGSD Shares Bought by Wealth Science Advisors LLC

Wealth Science Advisors LLC increased its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 309.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 352,270 shares of the company’s stock after acquiring an additional 266,227 shares during the quarter. Capital Group Short Duration Income ETF comprises 4.0% of Wealth Science Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Wealth Science Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $9,064,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC lifted its position in Capital Group Short Duration Income ETF by 22.5% during the fourth quarter. LPL Financial LLC now owns 6,235,706 shares of the company’s stock worth $162,191,000 after acquiring an additional 1,145,248 shares during the last quarter. Morgan Stanley grew its position in shares of Capital Group Short Duration Income ETF by 7.1% in the fourth quarter. Morgan Stanley now owns 5,944,971 shares of the company’s stock valued at $154,629,000 after purchasing an additional 396,507 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Capital Group Short Duration Income ETF by 6.8% in the first quarter. Cetera Investment Advisers now owns 2,487,155 shares of the company’s stock valued at $64,144,000 after purchasing an additional 157,326 shares during the last quarter. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Short Duration Income ETF by 0.7% during the fourth quarter. Capital Group Private Client Services Inc. now owns 2,346,908 shares of the company’s stock worth $61,043,000 after purchasing an additional 15,569 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in shares of Capital Group Short Duration Income ETF by 6.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,144,817 shares of the company’s stock worth $55,787,000 after purchasing an additional 123,381 shares during the period.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA:CGSD opened at $25.70 on Friday. The stock has a 50 day simple moving average of $25.74 and a 200 day simple moving average of $25.87. Capital Group Short Duration Income ETF has a 1-year low of $25.61 and a 1-year high of $26.15.

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