Spire Wealth Management Takes Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Spire Wealth Management acquired a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,831 shares of the company’s stock, valued at approximately $124,000.

Other large investors have also made changes to their positions in the company. Brookstone Capital Management purchased a new stake in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at $544,000. International Assets Investment Management LLC boosted its holdings in shares of Capital Group Short Duration Income ETF by 3,096.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock valued at $929,450,000 after acquiring an additional 3,474,992 shares during the last quarter. TrueWealth Advisors LLC boosted its holdings in shares of Capital Group Short Duration Income ETF by 54.3% in the 3rd quarter. TrueWealth Advisors LLC now owns 17,388 shares of the company’s stock valued at $451,000 after acquiring an additional 6,117 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Capital Group Short Duration Income ETF by 888.0% in the 3rd quarter. Captrust Financial Advisors now owns 191,986 shares of the company’s stock valued at $4,974,000 after acquiring an additional 172,554 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its holdings in shares of Capital Group Short Duration Income ETF by 93.1% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 19,438 shares of the company’s stock valued at $504,000 after acquiring an additional 9,373 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Down 0.1 %

CGSD stock opened at $25.71 on Friday. The firm’s fifty day simple moving average is $25.69 and its 200-day simple moving average is $25.74. Capital Group Short Duration Income ETF has a 12 month low of $25.21 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, February 3rd. Investors of record on Friday, January 31st were issued a dividend of $0.0778 per share. The ex-dividend date of this dividend was Friday, January 31st.

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.