Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Stake Cut by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. cut its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 6.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,090 shares of the company’s stock after selling 795 shares during the quarter. Stratos Wealth Partners LTD. owned 0.07% of Capital Group Short Duration Income ETF worth $310,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CGSD. Concourse Financial Group Securities Inc. lifted its stake in Capital Group Short Duration Income ETF by 93.1% during the third quarter. Concourse Financial Group Securities Inc. now owns 19,438 shares of the company’s stock worth $504,000 after purchasing an additional 9,373 shares during the last quarter. Good Life Advisors LLC bought a new position in Capital Group Short Duration Income ETF during the third quarter worth $401,000. Inspire Advisors LLC lifted its stake in Capital Group Short Duration Income ETF by 15.9% during the third quarter. Inspire Advisors LLC now owns 81,389 shares of the company’s stock worth $2,109,000 after purchasing an additional 11,191 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Capital Group Short Duration Income ETF by 14.1% during the third quarter. Commonwealth Equity Services LLC now owns 1,470,612 shares of the company’s stock worth $38,104,000 after purchasing an additional 182,046 shares during the last quarter. Finally, Trilogy Capital Inc. lifted its stake in Capital Group Short Duration Income ETF by 3.0% during the third quarter. Trilogy Capital Inc. now owns 15,180 shares of the company’s stock worth $393,000 after purchasing an additional 440 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.67 on Thursday. Capital Group Short Duration Income ETF has a 12-month low of $25.21 and a 12-month high of $26.01. The business’s fifty day moving average price is $25.69 and its 200 day moving average price is $25.75.

Capital Group Short Duration Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a $0.0778 dividend. The ex-dividend date of this dividend was Friday, January 31st.

Capital Group Short Duration Income ETF Company 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.