Cannon Financial Strategists Inc. Purchases Shares of 28,998 Capital Group Short Duration Income ETF $CGSD

Cannon Financial Strategists Inc. acquired a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 28,998 shares of the company’s stock, valued at approximately $752,000. Cannon Financial Strategists Inc. owned 0.05% of Capital Group Short Duration Income ETF at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Signature Resources Capital Management LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 197.4% in the 2nd 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 period. Cullen Frost Bankers Inc. increased its position in Capital Group Short Duration Income ETF by 30.5% during the first quarter. Cullen Frost Bankers Inc. now owns 2,680 shares of the company’s stock worth $69,000 after buying an additional 627 shares during the last quarter. Private Trust Co. NA increased its position in Capital Group Short Duration Income ETF by 173.8% during the second quarter. Private Trust Co. NA now owns 2,738 shares of the company’s stock worth $71,000 after buying an additional 1,738 shares during the last quarter. Comerica Bank raised 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 buying an additional 5,890 shares during the period. Finally, Capital Analysts LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the first quarter valued at approximately $198,000.

Capital Group Short Duration Income ETF Trading Up 0.0%

Shares of NYSEARCA CGSD opened at $25.99 on Friday. Capital Group Short Duration Income ETF has a 12 month low of $25.55 and a 12 month high of $26.14. The stock has a 50 day moving average of $26.04 and a 200-day moving average of $25.95.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were given a dividend of $0.1087 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Friday, October 31st.

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.