MGO One Seven LLC grew its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 1,941.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 267,506 shares of the company’s stock after buying an additional 254,405 shares during the period. MGO One Seven LLC’s holdings in Capital Group Short Duration Income ETF were worth $6,755,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Private Advisor Group LLC lifted its stake in Capital Group Short Duration Income ETF by 10.8% in the first quarter. Private Advisor Group LLC now owns 520,838 shares of the company’s stock worth $13,432,000 after acquiring an additional 50,685 shares during the period. WNY Asset Management LLC bought a new stake in Capital Group Short Duration Income ETF in the first quarter valued at $1,661,000. NewEdge Advisors LLC increased its position in Capital Group Short Duration Income ETF by 21.5% during the 2nd quarter. NewEdge Advisors LLC now owns 535,206 shares of the company’s stock valued at $13,771,000 after purchasing an additional 94,704 shares during the period. Conservest Capital Advisors Inc. increased its position 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 valued at $8,867,000 after purchasing an additional 259,855 shares during the period. Finally, Independent Financial Group LLC purchased a new position in Capital Group Short Duration Income ETF during the 1st quarter valued at $824,000.
Capital Group Short Duration Income ETF Stock Performance
Shares of NYSEARCA CGSD opened at $25.42 on Monday. Capital Group Short Duration Income ETF has a 12 month low of $25.22 and a 12 month high of $26.15. The firm has a fifty day simple moving average of $25.47 and a two-hundred day simple moving average of $25.76.
Capital Group Short Duration Income ETF Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 30th will be given a dividend of $0.0976 per share. This is an increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0917. This represents a $1.17 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, October 30th.
Capital Group Short Duration Income ETF Company 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.
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