82,484 Shares in Capital Group Short Duration Municipal Income ETF $CGSM Purchased by Boulder Wealth Advisors LLC

Boulder Wealth Advisors LLC bought a new position in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 82,484 shares of the company’s stock, valued at approximately $2,173,000. Capital Group Short Duration Municipal Income ETF makes up approximately 0.9% of Boulder Wealth Advisors LLC’s portfolio, making the stock its 15th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. World Investment Advisors bought a new stake in Capital Group Short Duration Municipal Income ETF during the fourth quarter worth about $458,000. FWG Holdings LLC acquired a new position in Capital Group Short Duration Municipal Income ETF during the fourth quarter worth approximately $1,401,000. Truist Financial Corp increased its position in Capital Group Short Duration Municipal Income ETF by 261.3% during the fourth quarter. Truist Financial Corp now owns 386,683 shares of the company’s stock worth $10,185,000 after buying an additional 279,654 shares during the last quarter. EQ Wealth Advisors LLC acquired a new position in Capital Group Short Duration Municipal Income ETF during the fourth quarter worth approximately $30,000. Finally, Total Clarity Wealth Management Inc. acquired a new position in Capital Group Short Duration Municipal Income ETF during the fourth quarter worth approximately $3,177,000.

Capital Group Short Duration Municipal Income ETF Price Performance

Shares of NYSEARCA CGSM opened at $26.32 on Friday. The business’s 50 day moving average price is $26.39 and its two-hundred day moving average price is $26.42. Capital Group Short Duration Municipal Income ETF has a twelve month low of $25.90 and a twelve month high of $26.68.

Capital Group Short Duration Municipal Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a dividend of $0.0667 per share. This represents a c) dividend on an annualized basis and a yield of 3.0%. This is a boost from Capital Group Short Duration Municipal Income ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Friday, February 27th.

Capital Group Short Duration Municipal Income ETF 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.