Harbour Investments Inc. Decreases Stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Harbour Investments Inc. cut its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 10.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,659 shares of the company’s stock after selling 3,411 shares during the quarter. Harbour Investments Inc. owned about 0.16% of Capital Group Short Duration Income ETF worth $735,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CGSD. Raymond James Financial Inc. purchased a new stake in Capital Group Short Duration Income ETF during the fourth quarter worth about $13,943,000. RFP Financial Group LLC acquired a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter valued at approximately $6,472,000. Great Valley Advisor Group Inc. purchased a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth approximately $6,509,000. Captrust Financial Advisors grew 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 worth $4,974,000 after acquiring an additional 172,554 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in Capital Group Short Duration Income ETF by 146.4% in the 4th quarter. Jones Financial Companies Lllp now owns 234,934 shares of the company’s stock valued at $6,024,000 after purchasing an additional 139,591 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.2 %

Shares of CGSD stock opened at $25.85 on Thursday. The stock has a fifty day moving average price of $25.76 and a 200 day moving average price of $25.76. Capital Group Short Duration Income ETF has a 1 year low of $25.21 and a 1 year high of $26.02.

Capital Group Short Duration Income ETF Cuts Dividend

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