Capital Group Short Duration Income ETF $CGSD Shares Newly Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 88,462 shares of the company’s stock, valued at approximately $2,234,000. Oppenheimer & Co. Inc. owned 0.08% of Capital Group Short Duration Income ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Securities Inc. acquired a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth approximately $2,234,000. Petredis Investment Advisors LLC raised its position in Capital Group Short Duration Income ETF by 35.5% during the third quarter. Petredis Investment Advisors LLC now owns 294,425 shares of the company’s stock valued at $7,434,000 after purchasing an additional 77,194 shares in the last quarter. Richards Merrill & Peterson Inc. raised its position in Capital Group Short Duration Income ETF by 9.3% during the third quarter. Richards Merrill & Peterson Inc. now owns 216,812 shares of the company’s stock valued at $5,474,000 after purchasing an additional 18,459 shares in the last quarter. LongView Wealth Management raised its position in Capital Group Short Duration Income ETF by 42.7% during the third quarter. LongView Wealth Management now owns 57,133 shares of the company’s stock valued at $1,443,000 after purchasing an additional 17,090 shares in the last quarter. Finally, Fiscal Wisdom Wealth Management LLC raised its position in Capital Group Short Duration Income ETF by 31.2% during the third quarter. Fiscal Wisdom Wealth Management LLC now owns 52,919 shares of the company’s stock valued at $1,336,000 after purchasing an additional 12,570 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

NYSEARCA CGSD opened at $25.42 on Friday. The business has a fifty day moving average price of $25.47 and a two-hundred day moving average price of $25.76. Capital Group Short Duration Income ETF has a fifty-two week low of $25.22 and a fifty-two week high of $26.15.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 30th will be paid a $0.0976 dividend. This represents a $1.17 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, October 30th. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0917.

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