Stephens Inc. AR raised its holdings in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM – Free Report) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,805 shares of the company’s stock after buying an additional 1,440 shares during the period. Stephens Inc. AR owned about 2.24% of Capital Group Short Duration Municipal Income ETF worth $1,164,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of CGSM. JPMorgan Chase & Co. acquired a new stake in shares of Capital Group Short Duration Municipal Income ETF during the 3rd quarter worth about $35,000. AdvisorNet Financial Inc increased its stake in Capital Group Short Duration Municipal Income ETF by 20.5% in the fourth quarter. AdvisorNet Financial Inc now owns 4,733 shares of the company’s stock valued at $123,000 after purchasing an additional 805 shares during the last quarter. Continental Investors Services Inc. acquired a new stake in Capital Group Short Duration Municipal Income ETF during the third quarter worth approximately $219,000. Good Life Advisors LLC purchased a new stake in shares of Capital Group Short Duration Municipal Income ETF during the 3rd quarter worth approximately $266,000. Finally, Peterson Wealth Advisors LLC grew its position in shares of Capital Group Short Duration Municipal Income ETF by 6.7% in the 3rd quarter. Peterson Wealth Advisors LLC now owns 10,774 shares of the company’s stock valued at $283,000 after buying an additional 679 shares during the last quarter.
Capital Group Short Duration Municipal Income ETF Price Performance
Capital Group Short Duration Municipal Income ETF stock opened at $26.09 on Thursday. Capital Group Short Duration Municipal Income ETF has a fifty-two week low of $25.54 and a fifty-two week high of $26.34. The stock has a 50-day simple moving average of $26.05 and a 200-day simple moving average of $26.13.
Capital Group Short Duration Municipal Income ETF Cuts Dividend
About Capital Group Short Duration Municipal Income ETF
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.
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