Lodestone Wealth Management LLC boosted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 9.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 359,008 shares of the company’s stock after purchasing an additional 29,742 shares during the quarter. Capital Group Short Duration Income ETF makes up 3.1% of Lodestone Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Lodestone Wealth Management LLC owned approximately 0.33% of Capital Group Short Duration Income ETF worth $9,065,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the business. Cetera Investment Advisers boosted its stake in Capital Group Short Duration Income ETF by 6.8% in the 1st quarter. Cetera Investment Advisers now owns 2,487,155 shares of the company’s stock worth $64,144,000 after buying an additional 157,326 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Short Duration Income ETF by 14.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,195,984 shares of the company’s stock valued at $56,503,000 after acquiring an additional 275,849 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Capital Group Short Duration Income ETF by 18.3% during the 1st quarter. Royal Bank of Canada now owns 1,530,347 shares of the company’s stock valued at $39,468,000 after acquiring an additional 236,256 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Capital Group Short Duration Income ETF by 14.1% during the 2nd quarter. Baird Financial Group Inc. now owns 1,373,223 shares of the company’s stock worth $35,333,000 after acquiring an additional 169,879 shares during the period. Finally, Wealth Science Advisors LLC lifted its holdings in shares of Capital Group Short Duration Income ETF by 90.2% during the 3rd quarter. Wealth Science Advisors LLC now owns 670,075 shares of the company’s stock worth $16,919,000 after acquiring an additional 317,805 shares during the period.
Capital Group Short Duration Income ETF Price Performance
Shares of CGSD traded down $0.01 during mid-day trading on Wednesday, hitting $25.34. The company had a trading volume of 294,083 shares, compared to its average volume of 544,908. The business’s 50-day simple moving average is $25.54 and its 200-day simple moving average is $25.70. Capital Group Short Duration Income ETF has a 1-year low of $25.22 and a 1-year high of $26.15.
Capital Group Short Duration Income ETF Increases Dividend
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.
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