Sagespring Wealth Partners LLC Buys Shares of 8,051 Capital Group Short Duration Income ETF $CGSD

Sagespring Wealth Partners LLC bought a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 8,051 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC grew its stake in Capital Group Short Duration Income ETF by 197.4% in the second quarter. Signature Resources Capital Management LLC now owns 2,284 shares of the company’s stock valued at $59,000 after purchasing an additional 1,516 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in Capital Group Short Duration Income ETF by 30.5% in the first quarter. Cullen Frost Bankers Inc. now owns 2,680 shares of the company’s stock valued at $69,000 after purchasing an additional 627 shares during the last quarter. Synergy Investment Management LLC purchased a new position in Capital Group Short Duration Income ETF in the first quarter valued at about $75,000. Comerica Bank grew its stake in Capital Group Short Duration Income ETF by 762.0% in the first quarter. Comerica Bank now owns 6,663 shares of the company’s stock valued at $172,000 after purchasing an additional 5,890 shares during the last quarter. Finally, Capital Analysts LLC purchased a new position in Capital Group Short Duration Income ETF in the first quarter valued at about $198,000.

Capital Group Short Duration Income ETF Trading Down 0.1%

CGSD opened at $26.08 on Friday. The business’s 50-day moving average is $26.03 and its two-hundred day moving average is $25.92. Capital Group Short Duration Income ETF has a 1 year low of $25.55 and a 1 year high of $26.13.

Capital Group Short Duration Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were paid a dividend of $0.0931 per share. The ex-dividend date was Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.