Jane Street Group LLC Acquires 49,123 Shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM)

Jane Street Group LLC increased its holdings in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 225.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,904 shares of the company’s stock after buying an additional 49,123 shares during the quarter. Jane Street Group LLC owned 3.55% of Capital Group Short Duration Municipal Income ETF worth $1,862,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Capital Group Short Duration Municipal Income ETF by 19.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 3,831 shares of the company’s stock worth $99,000 after acquiring an additional 619 shares during the last quarter. Peterson Wealth Advisors LLC raised its holdings in Capital Group Short Duration Municipal Income ETF by 6.7% in the 3rd quarter. Peterson Wealth Advisors LLC now owns 10,774 shares of the company’s stock worth $283,000 after purchasing an additional 679 shares during the period. WR Wealth Planners LLC lifted its position in Capital Group Short Duration Municipal Income ETF by 55.7% during 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 grew its holdings in Capital Group Short Duration Municipal Income ETF by 112.0% during 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 during the period. Finally, TrueWealth Advisors LLC increased its position in Capital Group Short Duration Municipal Income ETF by 25.4% in the third quarter. TrueWealth Advisors LLC now owns 14,239 shares of the company’s stock worth $374,000 after buying an additional 2,880 shares in the last quarter.

Capital Group Short Duration Municipal Income ETF Stock Up -0.3 %

NYSEARCA CGSM opened at $25.95 on Thursday. Capital Group Short Duration Municipal Income ETF has a 52 week low of $25.54 and a 52 week high of $26.34. The stock’s 50-day moving average price is $26.13 and its 200-day moving average price is $26.08.

Capital Group Short Duration Municipal Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were paid a dividend of $0.0608 per share. This is a boost from Capital Group Short Duration Municipal Income ETF’s previous dividend of $0.03. The ex-dividend date was Friday, November 29th.

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.