Rothschild Investment LLC Purchases Shares of 2,800 Capital Group Ultra Short Income ETF $CGUI

Rothschild Investment LLC acquired a new stake in shares of Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 2,800 shares of the company’s stock, valued at approximately $71,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Entruity Wealth LLC lifted its stake in Capital Group Ultra Short Income ETF by 62.0% during the first quarter. Entruity Wealth LLC now owns 53,717 shares of the company’s stock valued at $1,353,000 after purchasing an additional 20,567 shares during the last quarter. Jane Street Group LLC grew its position in Capital Group Ultra Short Income ETF by 267.5% in the first quarter. Jane Street Group LLC now owns 56,676 shares of the company’s stock worth $1,428,000 after buying an additional 41,254 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Capital Group Ultra Short Income ETF by 28.5% in the second quarter. Brookstone Capital Management now owns 74,414 shares of the company’s stock valued at $1,877,000 after buying an additional 16,511 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of Capital Group Ultra Short Income ETF during the 2nd quarter valued at $938,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of Capital Group Ultra Short Income ETF during the 2nd quarter worth $19,486,000.

Capital Group Ultra Short Income ETF Stock Performance

Shares of NYSEARCA CGUI opened at $25.33 on Thursday. The stock’s fifty day simple moving average is $25.32 and its 200 day simple moving average is $25.28. Capital Group Ultra Short Income ETF has a 52-week low of $25.09 and a 52-week high of $25.37.

Capital Group Ultra Short Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were paid a $0.102 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 4.8%. This is an increase from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.08.

Capital Group Ultra Short Income ETF Profile

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less.