Steward Partners Investment Advisory LLC Makes New $168,000 Investment in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Steward Partners Investment Advisory LLC purchased a new position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,549 shares of the company’s stock, valued at approximately $168,000.

Several other hedge funds also recently modified their holdings of the company. DAVENPORT & Co LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 2.1% during the 4th quarter. DAVENPORT & Co LLC now owns 24,582 shares of the company’s stock worth $630,000 after purchasing an additional 515 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 2.8% during the 4th quarter. Bleakley Financial Group LLC now owns 48,628 shares of the company’s stock worth $1,247,000 after purchasing an additional 1,345 shares during the last quarter. Rothschild Investment LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 0.9% during the 4th quarter. Rothschild Investment LLC now owns 164,930 shares of the company’s stock worth $4,229,000 after purchasing an additional 1,452 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Capital Group Short Duration Income ETF by 9.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,123 shares of the company’s stock worth $413,000 after acquiring an additional 1,459 shares during the last quarter. Finally, Delta Financial Group Inc. boosted its position in shares of Capital Group Short Duration Income ETF by 20.6% in the fourth quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock worth $286,000 after acquiring an additional 1,902 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

CGSD opened at $25.82 on Friday. The company’s 50 day simple moving average is $25.75 and its 200 day simple moving average is $25.76. Capital Group Short Duration Income ETF has a 1 year low of $25.21 and a 1 year high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a dividend of $0.0778 per share. The ex-dividend date 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.