Commonwealth Equity Services LLC Acquires 182,046 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Commonwealth Equity Services LLC boosted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 14.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,470,612 shares of the company’s stock after buying an additional 182,046 shares during the period. Commonwealth Equity Services LLC owned approximately 8.31% of Capital Group Short Duration Income ETF worth $38,104,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cetera Investment Advisers boosted its holdings in shares of Capital Group Short Duration Income ETF by 2.6% in the second quarter. Cetera Investment Advisers now owns 964,072 shares of the company’s stock worth $24,497,000 after acquiring an additional 24,259 shares during the period. Cetera Advisor Networks LLC boosted its stake in Capital Group Short Duration Income ETF by 2.7% in the 1st quarter. Cetera Advisor Networks LLC now owns 600,453 shares of the company’s stock worth $15,249,000 after purchasing an additional 15,754 shares during the period. Osaic Holdings Inc. grew its holdings in Capital Group Short Duration Income ETF by 8.7% during the 1st quarter. Osaic Holdings Inc. now owns 551,528 shares of the company’s stock valued at $14,007,000 after buying an additional 44,347 shares in the last quarter. Bridgewealth Advisory Group LLC grew its holdings in Capital Group Short Duration Income ETF by 30.2% during the 2nd quarter. Bridgewealth Advisory Group LLC now owns 532,318 shares of the company’s stock valued at $13,526,000 after buying an additional 123,369 shares in the last quarter. Finally, WNY Asset Management LLC increased its position in shares of Capital Group Short Duration Income ETF by 1,207.3% during the first quarter. WNY Asset Management LLC now owns 514,624 shares of the company’s stock valued at $13,069,000 after buying an additional 475,259 shares during the period.

Capital Group Short Duration Income ETF Stock Performance

CGSD stock opened at $25.82 on Monday. The firm has a 50 day moving average of $25.84 and a 200-day moving average of $25.59. Capital Group Short Duration Income ETF has a 12 month low of $24.97 and a 12 month high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were issued a $0.083 dividend. The ex-dividend date of this dividend was Friday, September 27th.

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.