Freestate Advisors LLC Boosts Stock Position in Capital Group Short Duration Income ETF $CGSD

Freestate Advisors LLC increased its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 197.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,854 shares of the company’s stock after purchasing an additional 19,163 shares during the period. Capital Group Short Duration Income ETF makes up about 0.7% of Freestate Advisors LLC’s investment portfolio, making the stock its 18th largest position. Freestate Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $748,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CGSD. LongView Wealth Management grew its stake in shares of Capital Group Short Duration Income ETF by 0.9% in the 1st quarter. LongView Wealth Management now owns 55,139 shares of the company’s stock worth $1,423,000 after buying an additional 466 shares in the last quarter. Delta Financial Group Inc. grew its position in Capital Group Short Duration Income ETF by 4.7% in the first quarter. Delta Financial Group Inc. now owns 11,671 shares of the company’s stock worth $302,000 after acquiring an additional 526 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in Capital Group Short Duration Income ETF by 30.5% during the first quarter. Cullen Frost Bankers Inc. now owns 2,680 shares of the company’s stock worth $69,000 after acquiring an additional 627 shares during the last quarter. Stonebridge Financial Group LLC raised its position in Capital Group Short Duration Income ETF by 3.1% during the first quarter. Stonebridge Financial Group LLC now owns 24,822 shares of the company’s stock valued at $641,000 after purchasing an additional 746 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its position in Capital Group Short Duration Income ETF by 2.5% during the first quarter. Dynamic Advisor Solutions LLC now owns 40,551 shares of the company’s stock valued at $1,047,000 after purchasing an additional 1,000 shares during the period.

Capital Group Short Duration Income ETF Trading Down 0.1%

Shares of Capital Group Short Duration Income ETF stock opened at $26.03 on Friday. The stock has a 50 day moving average price of $26.01 and a 200-day moving average price of $25.90. Capital Group Short Duration Income ETF has a one year low of $25.55 and a one year high of $26.13.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 29th were paid a dividend of $0.0948 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, August 29th.

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.