Capital Group Short Duration Municipal Income ETF $CGSM Holdings Raised by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its position in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 251.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 310,024 shares of the company’s stock after acquiring an additional 221,749 shares during the quarter. Kestra Advisory Services LLC’s holdings in Capital Group Short Duration Municipal Income ETF were worth $8,147,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Burford Brothers Inc. bought a new stake in Capital Group Short Duration Municipal Income ETF during the first quarter valued at $274,000. World Investment Advisors lifted its position in shares of Capital Group Short Duration Municipal Income ETF by 21.3% in the 1st quarter. World Investment Advisors now owns 21,073 shares of the company’s stock worth $554,000 after buying an additional 3,699 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 25.1% in the 1st quarter. Private Advisor Group LLC now owns 187,205 shares of the company’s stock valued at $4,920,000 after buying an additional 37,522 shares during the period. Royal Harbor Partners LLC boosted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 4.2% in the 1st quarter. Royal Harbor Partners LLC now owns 110,981 shares of the company’s stock valued at $2,917,000 after buying an additional 4,472 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Capital Group Short Duration Municipal Income ETF during the 1st quarter valued at about $232,000.

Capital Group Short Duration Municipal Income ETF Trading Down 0.1%

CGSM opened at $26.36 on Tuesday. Capital Group Short Duration Municipal Income ETF has a fifty-two week low of $26.10 and a fifty-two week high of $26.68. The company’s 50-day moving average price is $26.35 and its 200 day moving average price is $26.42.

Capital Group Short Duration Municipal Income ETF Company Profile

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year. CGSM was launched on Sep 26, 2023 and is issued by Capital Group.