Captrust Financial Advisors Raises Stock Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Captrust Financial Advisors raised its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 888.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 191,986 shares of the company’s stock after purchasing an additional 172,554 shares during the quarter. Captrust Financial Advisors’ holdings in Capital Group Short Duration Income ETF were worth $4,974,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in CGSD. Trilogy Capital Inc. increased its stake in shares of Capital Group Short Duration Income ETF by 3.0% during the third quarter. Trilogy Capital Inc. now owns 15,180 shares of the company’s stock valued at $393,000 after buying an additional 440 shares during the period. DeDora Capital Inc. increased its position in Capital Group Short Duration Income ETF by 4.5% during the 2nd quarter. DeDora Capital Inc. now owns 57,332 shares of the company’s stock valued at $1,457,000 after purchasing an additional 2,450 shares during the period. Lodestone Wealth Management LLC increased its position in Capital Group Short Duration Income ETF by 2.7% during the 2nd quarter. Lodestone Wealth Management LLC now owns 98,262 shares of the company’s stock valued at $2,497,000 after purchasing an additional 2,561 shares during the period. Continuum Advisory LLC raised its holdings in Capital Group Short Duration Income ETF by 12.9% in the 2nd quarter. Continuum Advisory LLC now owns 39,052 shares of the company’s stock worth $992,000 after purchasing an additional 4,452 shares in the last quarter. Finally, Inspire Advisors LLC lifted its position in shares of Capital Group Short Duration Income ETF by 6.8% in the 2nd quarter. Inspire Advisors LLC now owns 70,198 shares of the company’s stock worth $1,784,000 after purchasing an additional 4,457 shares during the period.

Capital Group Short Duration Income ETF Price Performance

Shares of CGSD opened at $25.70 on Wednesday. Capital Group Short Duration Income ETF has a 1-year low of $25.06 and a 1-year high of $26.01. The firm’s 50-day moving average price is $25.76 and its 200-day moving average price is $25.67.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were given a dividend of $0.0902 per share. This is a boost from Capital Group Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date was Friday, November 29th.

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.