BlackDiamond Wealth Management LLC Has $3.33 Million Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

BlackDiamond Wealth Management LLC raised its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 129,688 shares of the company’s stock after acquiring an additional 2,301 shares during the period. Capital Group Short Duration Income ETF comprises about 1.9% of BlackDiamond Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. BlackDiamond Wealth Management LLC’s holdings in Capital Group Short Duration Income ETF were worth $3,325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brookstone Capital Management bought a new position in shares of Capital Group Short Duration Income ETF during the fourth quarter worth approximately $544,000. Truist Financial Corp boosted its holdings in shares of Capital Group Short Duration Income ETF by 23.1% in the 4th quarter. Truist Financial Corp now owns 37,879 shares of the company’s stock valued at $971,000 after purchasing an additional 7,096 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the 4th quarter valued at $168,000. DAVENPORT & Co LLC boosted its holdings in shares of 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. Finally, Captrust Financial Advisors boosted its holdings in shares of Capital Group Short Duration Income ETF by 888.0% in the 3rd 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 in the last quarter.

Capital Group Short Duration Income ETF Stock Down 0.0 %

Shares of CGSD stock opened at $25.81 on Tuesday. The stock’s fifty day moving average price is $25.75 and its two-hundred day moving average price is $25.76. Capital Group Short Duration Income ETF has a fifty-two week low of $25.21 and a fifty-two week high of $26.02.

Capital Group Short Duration Income ETF Cuts Dividend

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

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.