New England Capital Financial Advisors LLC Has $5.05 Million Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

New England Capital Financial Advisors LLC boosted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,246 shares of the company’s stock after purchasing an additional 5,998 shares during the quarter. Capital Group Short Duration Income ETF comprises approximately 3.0% of New England Capital Financial Advisors LLC’s investment portfolio, making the stock its 8th biggest position. New England Capital Financial Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $5,045,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SOL Capital Management CO boosted its position in Capital Group Short Duration Income ETF by 127.1% during the fourth quarter. SOL Capital Management CO now owns 107,282 shares of the company’s stock worth $2,730,000 after purchasing an additional 60,042 shares during the period. NBC Securities Inc. bought a new position in Capital Group Short Duration Income ETF during the third quarter worth $547,000. Sigma Planning Corp bought a new position in Capital Group Short Duration Income ETF during the third quarter worth $221,000. WNY Asset Management LLC boosted its position in Capital Group Short Duration Income ETF by 30.4% during the third quarter. WNY Asset Management LLC now owns 26,840 shares of the company’s stock worth $672,000 after purchasing an additional 6,260 shares during the period. Finally, UBS Group AG lifted its holdings in shares of Capital Group Short Duration Income ETF by 68.8% during the third quarter. UBS Group AG now owns 238,321 shares of the company’s stock worth $5,968,000 after buying an additional 97,120 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.1 %

Shares of CGSD traded up $0.03 during midday trading on Tuesday, reaching $25.36. 83,422 shares of the stock were exchanged, compared to its average volume of 119,148. Capital Group Short Duration Income ETF has a twelve month low of $24.97 and a twelve month high of $25.75. The stock’s 50 day simple moving average is $25.40 and its 200 day simple moving average is $25.36.

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.