Independent Financial Group LLC bought a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 31,931 shares of the company’s stock, valued at approximately $824,000.
A number of other hedge funds have also recently made changes to their positions in the company. D.A. Davidson & CO. bought a new stake in shares of Capital Group Short Duration Income ETF during the first quarter worth about $902,000. Bank of New York Mellon Corp acquired a new stake in Capital Group Short Duration Income ETF during the 1st quarter worth approximately $434,000. Conservest Capital Advisors Inc. grew its holdings in Capital Group Short Duration Income ETF by 309.4% during the 1st quarter. Conservest Capital Advisors Inc. now owns 343,833 shares of the company’s stock worth $8,867,000 after acquiring an additional 259,855 shares during the last quarter. Uptick Partners LLC bought a new stake in Capital Group Short Duration Income ETF during the 1st quarter worth approximately $2,260,000. Finally, Diversify Wealth Management LLC acquired a new position in Capital Group Short Duration Income ETF in the 1st quarter valued at approximately $324,000.
Capital Group Short Duration Income ETF Stock Performance
Shares of NYSEARCA CGSD opened at $25.72 on Wednesday. The firm has a 50 day moving average price of $25.76 and a two-hundred day moving average price of $25.89. Capital Group Short Duration Income ETF has a 52-week low of $25.67 and a 52-week high of $26.15.
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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.
Read More
- Five stocks we like better than Capital Group Short Duration Income ETF
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
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:CGSD – Free Report).
Receive News & Ratings for Capital Group Short Duration Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Short Duration Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
