EverSource Wealth Advisors LLC Takes $958,000 Position in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM)

EverSource Wealth Advisors LLC bought a new stake in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 36,803 shares of the company’s stock, valued at approximately $958,000. EverSource Wealth Advisors LLC owned 1.84% of Capital Group Short Duration Municipal Income ETF at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Capital International Investors grew its stake in shares of Capital Group Short Duration Municipal Income ETF by 20.0% in the 1st quarter. Capital International Investors now owns 798,000 shares of the company’s stock valued at $20,517,000 after buying an additional 133,000 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Capital Group Short Duration Municipal Income ETF by 57.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 69,191 shares of the company’s stock valued at $1,781,000 after buying an additional 25,362 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in Capital Group Short Duration Municipal Income ETF during the 2nd quarter valued at about $1,293,000. Private Advisor Group LLC boosted its stake in Capital Group Short Duration Municipal Income ETF by 18.4% during the 2nd quarter. Private Advisor Group LLC now owns 45,968 shares of the company’s stock valued at $1,183,000 after purchasing an additional 7,133 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. acquired a new position in Capital Group Short Duration Municipal Income ETF during the 2nd quarter valued at about $535,000.

Capital Group Short Duration Municipal Income ETF Trading Down 0.1 %

CGSM stock opened at $26.22 on Monday. Capital Group Short Duration Municipal Income ETF has a 52-week low of $24.96 and a 52-week high of $26.34. The business has a 50-day simple moving average of $26.14 and a two-hundred day simple moving average of $25.88.

Capital Group Short Duration Municipal Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were paid a dividend of $0.0269 per share. The ex-dividend date of this dividend was Wednesday, July 31st.

Capital Group Short Duration Municipal Income ETF Company Profile

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.