Capital International Investors cut its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 29.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,040 shares of the company’s stock after selling 29,970 shares during the quarter. Capital International Investors’ holdings in Capital Group Short Duration Income ETF were worth $1,848,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of CGSD. Integrated Wealth Concepts LLC acquired a new position in Capital Group Short Duration Income ETF in the 1st quarter valued at $207,000. Jane Street Group LLC grew its stake in Capital Group Short Duration Income ETF by 58.6% in the 1st quarter. Jane Street Group LLC now owns 128,815 shares of the company’s stock valued at $3,325,000 after buying an additional 47,590 shares during the last quarter. NewEdge Advisors LLC grew its stake in Capital Group Short Duration Income ETF by 52.8% in the 2nd quarter. NewEdge Advisors LLC now owns 263,378 shares of the company’s stock valued at $6,831,000 after buying an additional 91,022 shares during the last quarter. Sei Investments Co. acquired a new position in Capital Group Short Duration Income ETF in the 2nd quarter valued at $1,062,000. Finally, Raymond James Financial Inc. grew its position in Capital Group Short Duration Income ETF by 45.0% in the 2nd quarter. Raymond James Financial Inc. now owns 939,933 shares of the company’s stock worth $24,377,000 after purchasing an additional 291,618 shares during the last quarter.
Capital Group Short Duration Income ETF Stock Performance
NYSEARCA CGSD opened at $25.75 on Wednesday. The company’s fifty day moving average is $25.83 and its two-hundred day moving average is $25.95. Capital Group Short Duration Income ETF has a 52-week low of $25.70 and a 52-week high of $26.15.
About Capital Group Short Duration Income ETF
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.
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