LPL Financial LLC Buys 1,145,248 Shares of Capital Group Short Duration Income ETF $CGSD

LPL Financial LLC lifted its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 22.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,235,706 shares of the company’s stock after purchasing an additional 1,145,248 shares during the quarter. LPL Financial LLC owned about 0.08% of Capital Group Short Duration Income ETF worth $162,191,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its position in Capital Group Short Duration Income ETF by 5.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 8,092 shares of the company’s stock valued at $210,000 after acquiring an additional 397 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in Capital Group Short Duration Income ETF by 4.1% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 17,402 shares of the company’s stock valued at $452,000 after acquiring an additional 683 shares in the last quarter. International Assets Investment Management LLC lifted its position in Capital Group Short Duration Income ETF by 0.7% in the 4th quarter. International Assets Investment Management LLC now owns 126,908 shares of the company’s stock valued at $3,301,000 after acquiring an additional 836 shares in the last quarter. Pines Wealth Management LLC lifted its position in Capital Group Short Duration Income ETF by 3.0% in the 4th quarter. Pines Wealth Management LLC now owns 31,040 shares of the company’s stock valued at $807,000 after acquiring an additional 896 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in Capital Group Short Duration Income ETF by 102.4% in the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock valued at $46,000 after acquiring an additional 900 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Down 0.0%

CGSD stock opened at $25.74 on Thursday. Capital Group Short Duration Income ETF has a 12-month low of $25.70 and a 12-month high of $26.15. The stock’s 50 day simple moving average is $25.83 and its 200 day simple moving average is $25.95.

Capital Group Short Duration Income ETF Company 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.