RFP Financial Group LLC Increases Stock Holdings in Capital Group Short Duration Income ETF $CGSD

RFP Financial Group LLC lifted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 63.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 797,118 shares of the company’s stock after purchasing an additional 308,120 shares during the period. Capital Group Short Duration Income ETF accounts for 9.9% of RFP Financial Group LLC’s holdings, making the stock its 3rd biggest position. RFP Financial Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $20,733,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter worth approximately $28,000. Central Pacific Bank Trust Division bought a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter worth approximately $36,000. MAI Capital Management bought a new stake in Capital Group Short Duration Income ETF in the 3rd quarter valued at $40,000. IFP Advisors Inc raised its stake in Capital Group Short Duration Income ETF by 102.4% in the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock valued at $46,000 after acquiring an additional 900 shares during the period. Finally, Bank of America Corp DE bought a new stake in Capital Group Short Duration Income ETF in the 2nd quarter valued at $49,000.

Capital Group Short Duration Income ETF Stock Performance

CGSD opened at $25.78 on Monday. Capital Group Short Duration Income ETF has a 1-year low of $25.70 and a 1-year high of $26.15. The stock’s fifty day simple moving average is $25.83 and its 200 day simple moving average is $25.95.

About Capital Group Short Duration Income ETF

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.