Capital Group Short Duration Income ETF $CGSD Shares Bought by Private Trust Co. NA

Private Trust Co. NA raised its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 173.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,738 shares of the company’s stock after purchasing an additional 1,738 shares during the quarter. Private Trust Co. NA’s holdings in Capital Group Short Duration Income ETF were worth $71,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of CGSD. LPL Financial LLC boosted its holdings in Capital Group Short Duration Income ETF by 30.8% in the 1st quarter. LPL Financial LLC now owns 2,823,430 shares of the company’s stock valued at $72,873,000 after purchasing an additional 665,185 shares during the last quarter. Townsquare Capital LLC acquired a new position in Capital Group Short Duration Income ETF in the 1st quarter valued at about $15,310,000. Norden Group LLC acquired a new position in Capital Group Short Duration Income ETF in the 1st quarter valued at about $15,257,000. IAM Advisory LLC acquired a new position in shares of Capital Group Short Duration Income ETF in the 2nd quarter worth approximately $13,588,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Short Duration Income ETF by 52.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 853,312 shares of the company’s stock worth $22,024,000 after acquiring an additional 294,905 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD stock opened at $26.10 on Friday. The firm’s 50 day moving average price is $26.04 and its 200-day moving average price is $25.93. Capital Group Short Duration Income ETF has a one year low of $25.55 and a one year high of $26.13.

Capital Group Short Duration Income ETF Cuts Dividend

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

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.