Fjell Capital LLC Purchases Shares of 55,849 Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Fjell Capital LLC acquired a new position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 55,849 shares of the company’s stock, valued at approximately $1,432,000. Capital Group Short Duration Income ETF accounts for about 1.5% of Fjell Capital LLC’s holdings, making the stock its 24th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Spire Wealth Management acquired a new position in Capital Group Short Duration Income ETF during the 4th quarter worth $124,000. Gateway Wealth Partners LLC acquired a new stake in Capital Group Short Duration Income ETF in the third quarter worth about $220,000. Delta Financial Group Inc. grew its position in Capital Group Short Duration Income ETF by 20.6% in the 4th quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock valued at $286,000 after buying an additional 1,902 shares in the last quarter. Raymond James Trust N.A. bought a new position in Capital Group Short Duration Income ETF in the 3rd quarter valued at about $390,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Capital Group Short Duration Income ETF by 9.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,123 shares of the company’s stock worth $413,000 after acquiring an additional 1,459 shares during the period.

Capital Group Short Duration Income ETF Trading Up 0.2 %

NYSEARCA CGSD opened at $25.86 on Wednesday. Capital Group Short Duration Income ETF has a 12 month low of $25.21 and a 12 month high of $26.01. The company’s 50 day simple moving average is $25.69 and its 200 day simple moving average is $25.75.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were given a dividend of $0.0778 per share. The ex-dividend date was Friday, January 31st.

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.