Cauble & Harre Wealth Management Inc. Takes $9 Million Position in Capital Group Short Duration Income ETF $CGSD

Cauble & Harre Wealth Management Inc. purchased a new stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSDFree Report) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 345,902 shares of the company’s stock, valued at approximately $8,997,000. Capital Group Short Duration Income ETF accounts for approximately 7.5% of Cauble & Harre Wealth Management Inc.’s holdings, making the stock its 3rd largest holding.

Several other hedge funds also recently made changes to their positions in the business. Geneos Wealth Management Inc. increased its holdings in shares of Capital Group Short Duration Income ETF by 5.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 8,092 shares of the company’s stock valued at $210,000 after buying an additional 397 shares in the last quarter. DeDora Capital Inc. boosted its position in Capital Group Short Duration Income ETF by 0.5% during the 3rd quarter. DeDora Capital Inc. now owns 78,571 shares of the company’s stock worth $2,041,000 after acquiring an additional 408 shares during the period. Nations Financial Group Inc. IA ADV grew its position in Capital Group Short Duration Income ETF by 3.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 13,698 shares of the company’s stock valued at $356,000 after purchasing an additional 504 shares in the last quarter. Ausdal Financial Partners Inc. grew its holdings in shares of Capital Group Short Duration Income ETF by 4.1% during 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. Finally, International Assets Investment Management LLC increased 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 worth $3,301,000 after purchasing an additional 836 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Down 0.2%

Shares of CGSD opened at $25.76 on Friday. Capital Group Short Duration Income ETF has a twelve month low of $25.72 and a twelve month high of $26.15. The firm’s 50 day moving average price is $25.87 and its 200 day moving average price is $25.98.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.0856 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, February 27th. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07.

About Capital Group Short Duration Income ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Short Duration Income ETF (NYSEARCA:CGSDFree Report).

Institutional Ownership by Quarter for Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

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