Bleakley Financial Group LLC Cuts Stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Bleakley Financial Group LLC decreased its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,283 shares of the company’s stock after selling 1,965 shares during the period. Bleakley Financial Group LLC owned about 0.27% of Capital Group Short Duration Income ETF worth $1,225,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CGSD. Commonwealth Equity Services LLC raised its holdings in Capital Group Short Duration Income ETF by 2.3% during the second quarter. Commonwealth Equity Services LLC now owns 1,288,566 shares of the company’s stock worth $32,742,000 after purchasing an additional 29,420 shares in the last quarter. Cetera Investment Advisers raised its holdings in Capital Group Short Duration Income ETF by 2.6% during the second quarter. Cetera Investment Advisers now owns 964,072 shares of the company’s stock worth $24,497,000 after purchasing an additional 24,259 shares in the last quarter. Cetera Advisor Networks LLC raised its holdings in Capital Group Short Duration Income ETF by 2.7% during the first quarter. Cetera Advisor Networks LLC now owns 600,453 shares of the company’s stock worth $15,249,000 after purchasing an additional 15,754 shares in the last quarter. Osaic Holdings Inc. raised its holdings in Capital Group Short Duration Income ETF by 8.7% during the first quarter. Osaic Holdings Inc. now owns 551,528 shares of the company’s stock worth $14,007,000 after purchasing an additional 44,347 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC increased its holdings in Capital Group Short Duration Income ETF by 30.2% in the second quarter. Bridgewealth Advisory Group LLC now owns 532,318 shares of the company’s stock valued at $13,526,000 after buying an additional 123,369 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.1 %

Shares of Capital Group Short Duration Income ETF stock opened at $25.82 on Monday. Capital Group Short Duration Income ETF has a 12-month low of $24.97 and a 12-month high of $26.01. The company has a 50-day moving average of $25.84 and a two-hundred day moving average of $25.59.

Capital Group Short Duration Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were issued a $0.083 dividend. The ex-dividend date was Friday, September 27th.

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.