Bridgewealth Advisory Group LLC Boosts Stock Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Bridgewealth Advisory Group LLC boosted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 30.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 532,318 shares of the company’s stock after buying an additional 123,369 shares during the quarter. Capital Group Short Duration Income ETF makes up 6.0% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 3rd largest position. Bridgewealth Advisory Group LLC owned 3.01% of Capital Group Short Duration Income ETF worth $13,526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. increased its holdings in Capital Group Short Duration Income ETF by 50.6% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 127,084 shares of the company’s stock worth $3,234,000 after purchasing an additional 42,671 shares during the period. Cetera Advisor Networks LLC increased its stake in shares of Capital Group Short Duration Income ETF by 6.8% during the fourth quarter. Cetera Advisor Networks LLC now owns 584,699 shares of the company’s stock valued at $14,881,000 after buying an additional 37,138 shares during the period. WNY Asset Management LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 46.7% in the fourth quarter. WNY Asset Management LLC now owns 39,365 shares of the company’s stock valued at $1,002,000 after acquiring an additional 12,525 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Capital Group Short Duration Income ETF by 20.4% in the first quarter. International Assets Investment Management LLC now owns 111,881 shares of the company’s stock worth $2,837,000 after acquiring an additional 18,981 shares during the period. Finally, CGN Advisors LLC grew its holdings in Capital Group Short Duration Income ETF by 10.8% during the 1st quarter. CGN Advisors LLC now owns 12,817 shares of the company’s stock worth $325,000 after acquiring an additional 1,247 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

NYSEARCA:CGSD opened at $25.98 on Friday. The firm has a 50-day simple moving average of $25.76 and a 200-day simple moving average of $25.53. Capital Group Short Duration Income ETF has a one year low of $24.97 and a one year high of $26.00.

Capital Group Short Duration Income ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 1st. Investors of record on Wednesday, July 31st were paid a $0.1183 dividend. The ex-dividend date was Wednesday, July 31st.

Capital Group Short Duration Income ETF 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.