Sei Investments Co. Acquires 39,033 Shares of Capital Group Short Duration Income ETF $CGSD

Sei Investments Co. boosted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 21.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 223,627 shares of the company’s stock after buying an additional 39,033 shares during the period. Sei Investments Co. owned approximately 0.26% of Capital Group Short Duration Income ETF worth $5,767,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGSD. Landaas & Co. WI ADV increased its holdings in Capital Group Short Duration Income ETF by 118.3% in the fourth quarter. Landaas & Co. WI ADV now owns 541,876 shares of the company’s stock valued at $14,094,000 after purchasing an additional 293,652 shares during the last quarter. Keudell Morrison Wealth Management bought a new position in Capital Group Short Duration Income ETF during the first quarter worth about $637,000. Souders Financial Advisors boosted its holdings in Capital Group Short Duration Income ETF by 4.9% during the fourth quarter. Souders Financial Advisors now owns 455,868 shares of the company’s stock worth $11,857,000 after buying an additional 21,123 shares during the last quarter. World Investment Advisors grew its position in shares of Capital Group Short Duration Income ETF by 46.2% during the 4th quarter. World Investment Advisors now owns 94,363 shares of the company’s stock worth $2,454,000 after buying an additional 29,812 shares during the period. Finally, Merit Financial Group LLC increased its stake in shares of Capital Group Short Duration Income ETF by 4.8% in the 4th quarter. Merit Financial Group LLC now owns 1,910,928 shares of the company’s stock valued at $49,703,000 after acquiring an additional 88,085 shares during the last quarter.

Capital Group Short Duration Income ETF Trading Up 0.2%

Shares of NYSEARCA:CGSD opened at $25.69 on Wednesday. The firm’s 50 day simple moving average is $25.74 and its 200 day simple moving average is $25.87. Capital Group Short Duration Income ETF has a fifty-two week low of $25.61 and a fifty-two week high of $26.15.

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.