10,144 Shares in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) Purchased by Good Life Advisors LLC

Good Life Advisors LLC acquired a new position in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,144 shares of the company’s stock, valued at approximately $266,000. Good Life Advisors LLC owned approximately 0.51% of Capital Group Short Duration Municipal Income ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 19.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,831 shares of the company’s stock valued at $99,000 after purchasing an additional 619 shares in the last quarter. WR Wealth Planners LLC lifted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 55.7% in the second quarter. WR Wealth Planners LLC now owns 2,373 shares of the company’s stock valued at $61,000 after purchasing an additional 849 shares in the last quarter. ICA Group Wealth Management LLC lifted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 112.0% in the second quarter. ICA Group Wealth Management LLC now owns 2,461 shares of the company’s stock valued at $63,000 after purchasing an additional 1,300 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 18.4% in the second 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 in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 20.0% in the first quarter. Commonwealth Equity Services LLC now owns 43,829 shares of the company’s stock valued at $1,127,000 after purchasing an additional 7,314 shares in the last quarter.

Capital Group Short Duration Municipal Income ETF Price Performance

NYSEARCA:CGSM opened at $26.25 on Monday. The firm has a 50 day simple moving average of $26.22 and a 200-day simple moving average of $25.94. Capital Group Short Duration Municipal Income ETF has a 1-year low of $24.99 and a 1-year high of $26.34.

Capital Group Short Duration Municipal Income ETF Announces Dividend

The firm 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 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.