RFP Financial Group LLC Takes $6.47 Million Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

RFP Financial Group LLC bought a new position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 252,425 shares of the company’s stock, valued at approximately $6,472,000. Capital Group Short Duration Income ETF makes up 2.5% of RFP Financial Group LLC’s investment portfolio, making the stock its 10th biggest holding. RFP Financial Group LLC owned approximately 1.43% of Capital Group Short Duration Income ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CGSD. Brookstone Capital Management purchased a new position in Capital Group Short Duration Income ETF in the 4th quarter valued at about $544,000. DAVENPORT & Co LLC increased its holdings in Capital Group Short Duration Income ETF by 2.1% in the 4th quarter. DAVENPORT & Co LLC now owns 24,582 shares of the company’s stock valued at $630,000 after purchasing an additional 515 shares in the last quarter. TrueWealth Advisors LLC lifted its stake in shares of Capital Group Short Duration Income ETF by 54.3% during the third quarter. TrueWealth Advisors LLC now owns 17,388 shares of the company’s stock worth $451,000 after purchasing an additional 6,117 shares in the last quarter. International Assets Investment Management LLC lifted its position in Capital Group Short Duration Income ETF by 3,096.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock worth $929,450,000 after acquiring an additional 3,474,992 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of Capital Group Short Duration Income ETF by 888.0% in the third quarter. Captrust Financial Advisors now owns 191,986 shares of the company’s stock valued at $4,974,000 after purchasing an additional 172,554 shares during the period.

Capital Group Short Duration Income ETF Trading Down 0.1 %

NYSEARCA:CGSD opened at $25.71 on Friday. Capital Group Short Duration Income ETF has a one year low of $25.21 and a one year high of $26.01. The business’s 50-day simple moving average is $25.69 and its 200 day simple moving average is $25.74.

Capital Group Short Duration Income ETF Cuts Dividend

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