Northwestern Mutual Wealth Management Co. Buys 33,681 Shares of Capital Group Short Duration Income ETF $CGSD

Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 12.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 310,788 shares of the company’s stock after buying an additional 33,681 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.41% of Capital Group Short Duration Income ETF worth $8,084,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CGSD. Flagship Harbor Advisors LLC acquired a new position in Capital Group Short Duration Income ETF in the fourth quarter valued at approximately $28,000. Central Pacific Bank Trust Division acquired a new position in Capital Group Short Duration Income ETF in the fourth quarter valued at approximately $36,000. MAI Capital Management acquired a new position in Capital Group Short Duration Income ETF in the third quarter valued at approximately $40,000. IFP Advisors Inc lifted its stake in Capital Group Short Duration Income ETF by 102.4% in the third quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock valued at $46,000 after buying an additional 900 shares during the period. Finally, Bank of America Corp DE acquired a new position in Capital Group Short Duration Income ETF in the second quarter valued at approximately $49,000.

Capital Group Short Duration Income ETF Price Performance

Shares of CGSD opened at $25.77 on Wednesday. Capital Group Short Duration Income ETF has a 52-week low of $25.72 and a 52-week high of $26.15. The business’s 50 day moving average price is $25.84 and its two-hundred day moving average price is $25.96.

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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.