Inspire Advisors LLC Purchases 11,191 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Inspire Advisors LLC grew its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 15.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,389 shares of the company’s stock after purchasing an additional 11,191 shares during the period. Inspire Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $2,109,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Delta Financial Group Inc. bought a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter valued at about $239,000. Concourse Financial Group Securities Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 60.7% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 10,805 shares of the company’s stock valued at $275,000 after purchasing an additional 4,080 shares in the last quarter. Trilogy Capital Inc. bought a new stake in shares of Capital Group Short Duration Income ETF during the 1st quarter valued at about $282,000. TrueWealth Advisors LLC bought a new stake in shares of Capital Group Short Duration Income ETF during the 2nd quarter valued at about $286,000. Finally, CGN Advisors LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 10.8% during the 1st quarter. CGN Advisors LLC now owns 12,817 shares of the company’s stock valued at $325,000 after purchasing an additional 1,247 shares in the last quarter.

Capital Group Short Duration Income ETF Trading Up 0.0 %

Shares of CGSD traded up $0.01 during trading hours on Friday, reaching $25.80. 63,071 shares of the company traded hands, compared to its average volume of 164,359. The company’s fifty day moving average price is $25.84 and its two-hundred day moving average price is $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 firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a dividend of $0.083 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.