Capital Group Short Duration Income ETF $CGSD Shares Bought by Souders Financial Advisors

Souders Financial Advisors grew its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 9.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 398,518 shares of the company’s stock after purchasing an additional 33,415 shares during the quarter. Capital Group Short Duration Income ETF makes up about 1.3% of Souders Financial Advisors’ holdings, making the stock its 22nd largest position. Souders Financial Advisors owned 0.74% of Capital Group Short Duration Income ETF worth $10,336,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CGSD. Signature Resources Capital Management LLC grew its holdings in shares of Capital Group Short Duration Income ETF by 197.4% during the second quarter. Signature Resources Capital Management LLC now owns 2,284 shares of the company’s stock worth $59,000 after purchasing an additional 1,516 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of 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 purchasing an additional 627 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of Capital Group Short Duration Income ETF by 173.8% during the second quarter. Private Trust Co. NA now owns 2,738 shares of the company’s stock worth $71,000 after purchasing an additional 1,738 shares during the last quarter. Comerica Bank grew its holdings in shares of Capital Group Short Duration Income ETF by 762.0% during the first quarter. Comerica Bank now owns 6,663 shares of the company’s stock worth $172,000 after purchasing an additional 5,890 shares during the last quarter. Finally, Capital Analysts LLC purchased a new position in shares of Capital Group Short Duration Income ETF during the first quarter worth about $198,000.

Capital Group Short Duration Income ETF Stock Down 0.0%

Shares of CGSD stock opened at $25.96 on Thursday. The stock’s 50-day moving average is $26.04 and its two-hundred day moving average is $25.95. Capital Group Short Duration Income ETF has a 1 year low of $25.55 and a 1 year high of $26.14.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were issued a dividend of $0.1087 per share. This is an increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Friday, October 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.