Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its holdings in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 2,610.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 13,552 shares of the company’s stock after buying an additional 13,052 shares during the period. Jones Financial Companies Lllp owned approximately 0.68% of Capital Group Short Duration Municipal Income ETF worth $352,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Private Advisor Group LLC raised its stake in shares of Capital Group Short Duration Municipal Income ETF by 3.2% in the 4th quarter. Private Advisor Group LLC now owns 127,538 shares of the company’s stock valued at $3,312,000 after acquiring an additional 3,959 shares during the period. Global Retirement Partners LLC increased its holdings in Capital Group Short Duration Municipal Income ETF by 223.6% in the 4th quarter. Global Retirement Partners LLC now owns 1,236 shares of the company’s stock valued at $32,000 after purchasing an additional 854 shares in the last quarter. Beta Wealth Group Inc. raised its position in Capital Group Short Duration Municipal Income ETF by 0.6% in the fourth quarter. Beta Wealth Group Inc. now owns 231,945 shares of the company’s stock valued at $6,024,000 after purchasing an additional 1,278 shares during the period. Atria Wealth Solutions Inc. lifted its stake in shares of Capital Group Short Duration Municipal Income ETF by 29.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 38,712 shares of the company’s stock worth $1,005,000 after purchasing an additional 8,861 shares in the last quarter. Finally, Truist Financial Corp boosted its position in shares of Capital Group Short Duration Municipal Income ETF by 7.8% in the fourth quarter. Truist Financial Corp now owns 80,521 shares of the company’s stock worth $2,091,000 after buying an additional 5,843 shares during the period.

Capital Group Short Duration Municipal Income ETF Trading Down 0.2 %

Shares of NYSEARCA:CGSM opened at $26.13 on Wednesday. The business’s 50-day simple moving average is $26.08 and its 200 day simple moving average is $26.13. Capital Group Short Duration Municipal Income ETF has a one year low of $25.54 and a one year high of $26.34.

Capital Group Short Duration Municipal Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were paid a dividend of $0.0505 per share. The ex-dividend date was Friday, January 31st.

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.