Gateway Wealth Partners LLC boosted its position in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM – Free Report) by 151.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,441 shares of the company’s stock after purchasing an additional 38,834 shares during the period. Gateway Wealth Partners LLC owned 0.15% of Capital Group Short Duration Municipal Income ETF worth $1,694,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in CGSM. Landaas & Co. WI ADV grew its position in Capital Group Short Duration Municipal Income ETF by 230.7% in the fourth quarter. Landaas & Co. WI ADV now owns 31,220 shares of the company’s stock worth $822,000 after acquiring an additional 21,779 shares in the last quarter. Cauble & Harre Wealth Management Inc. acquired a new stake in shares of Capital Group Short Duration Municipal Income ETF in the fourth quarter worth about $2,040,000. Hartmann Taylor Wealth Management LLC lifted its position in shares of Capital Group Short Duration Municipal Income ETF by 14.4% in the fourth quarter. Hartmann Taylor Wealth Management LLC now owns 164,791 shares of the company’s stock worth $4,341,000 after buying an additional 20,694 shares during the last quarter. Tribridge Partners Financial LLC lifted its position in shares of Capital Group Short Duration Municipal Income ETF by 60.0% in the fourth quarter. Tribridge Partners Financial LLC now owns 73,017 shares of the company’s stock worth $1,923,000 after buying an additional 27,389 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. bought a new stake in shares of Capital Group Short Duration Municipal Income ETF during the 4th quarter worth about $3,177,000.
Capital Group Short Duration Municipal Income ETF Price Performance
Shares of NYSEARCA CGSM opened at $26.30 on Wednesday. The business’s 50-day simple moving average is $26.35 and its 200-day simple moving average is $26.41. Capital Group Short Duration Municipal Income ETF has a 52 week low of $26.10 and a 52 week high of $26.68.
About Capital Group Short Duration Municipal Income ETF
The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year. CGSM was launched on Sep 26, 2023 and is issued by Capital Group.
Featured Articles
- Five stocks we like better than Capital Group Short Duration Municipal Income ETF
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Want to see what other hedge funds are holding CGSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM – Free Report).
Receive News & Ratings for Capital Group Short Duration Municipal 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 Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
