Kestra Private Wealth Services LLC Has $15.87 Million Position in Capital Group Short Duration Income ETF $CGSD

Kestra Private Wealth Services LLC lifted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 7.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 615,304 shares of the company’s stock after acquiring an additional 43,500 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.74% of Capital Group Short Duration Income ETF worth $15,869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kercheville Advisors LLC boosted its position in shares of Capital Group Short Duration Income ETF by 17.2% during the 1st quarter. Kercheville Advisors LLC now owns 10,220 shares of the company’s stock valued at $264,000 after purchasing an additional 1,500 shares in the last quarter. Keudell Morrison Wealth Management bought a new stake in Capital Group Short Duration Income ETF in the first quarter worth approximately $637,000. Richards Merrill & Peterson Inc. increased its holdings in Capital Group Short Duration Income ETF by 50.4% in the first quarter. Richards Merrill & Peterson Inc. now owns 186,984 shares of the company’s stock worth $4,822,000 after purchasing an additional 62,652 shares in the last quarter. Financial Management Network Inc. lifted its stake in Capital Group Short Duration Income ETF by 4.4% in the first quarter. Financial Management Network Inc. now owns 282,033 shares of the company’s stock valued at $7,299,000 after buying an additional 11,831 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its stake in Capital Group Short Duration Income ETF by 7.2% in the first quarter. Nations Financial Group Inc. IA ADV now owns 15,031 shares of the company’s stock valued at $388,000 after buying an additional 1,004 shares during the period.

Capital Group Short Duration Income ETF Stock Performance

Capital Group Short Duration Income ETF stock opened at $25.80 on Thursday. Capital Group Short Duration Income ETF has a 52-week low of $25.70 and a 52-week high of $26.15. The stock’s 50 day moving average price is $25.82 and its two-hundred day moving average price is $25.93.

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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.