Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Shares Sold by Burford Brothers Inc.

Burford Brothers Inc. cut its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 16.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,505 shares of the company’s stock after selling 6,026 shares during the period. Burford Brothers Inc. owned approximately 0.18% of Capital Group Short Duration Income ETF worth $808,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CGSD. International Assets Investment Management LLC grew its holdings in Capital Group Short Duration Income ETF by 3,096.7% in the third quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock valued at $929,450,000 after purchasing an additional 3,474,992 shares during the period. Beta Wealth Group Inc. acquired a new stake in shares of Capital Group Short Duration Income ETF in the third quarter valued at about $7,465,000. Great Valley Advisor Group Inc. acquired a new stake in shares of Capital Group Short Duration Income ETF in the third quarter valued at about $6,509,000. Commonwealth Equity Services LLC increased its stake in shares of Capital Group Short Duration Income ETF by 14.1% during the third quarter. Commonwealth Equity Services LLC now owns 1,470,612 shares of the company’s stock worth $38,104,000 after purchasing an additional 182,046 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Capital Group Short Duration Income ETF by 888.0% during the 3rd quarter. Captrust Financial Advisors now owns 191,986 shares of the company’s stock worth $4,974,000 after purchasing an additional 172,554 shares during the last quarter.

Capital Group Short Duration Income ETF Trading Down 0.3 %

NYSEARCA:CGSD opened at $25.70 on Monday. The stock has a 50 day moving average of $25.69 and a two-hundred day moving average of $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 business also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 31st will be issued a dividend of $0.0778 per share. The ex-dividend date of this dividend is 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.