Capital Group Short Duration Income ETF (CGSD) To Go Ex-Dividend on October 30th

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) declared a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.0976 per share on Monday, November 2nd. This represents a $1.17 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Friday, October 30th. This is a 6.4% increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0917.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.42 on Friday. The company has a 50-day moving average price of $25.47 and a two-hundred day moving average price of $25.76. Capital Group Short Duration Income ETF has a 12 month low of $25.22 and a 12 month high of $26.15.

Institutional Trading of Capital Group Short Duration Income ETF

Several institutional investors have recently bought and sold shares of the stock. Private Advisor Group LLC grew its position in shares of Capital Group Short Duration Income ETF by 10.8% during the 1st quarter. Private Advisor Group LLC now owns 520,838 shares of the company’s stock worth $13,432,000 after buying an additional 50,685 shares during the period. WNY Asset Management LLC bought a new stake in shares of Capital Group Short Duration Income ETF during the first quarter worth approximately $1,661,000. Conservest Capital Advisors Inc. lifted its holdings in Capital Group Short Duration Income ETF by 309.4% in the first quarter. Conservest Capital Advisors Inc. now owns 343,833 shares of the company’s stock valued at $8,867,000 after buying an additional 259,855 shares during the period. NewEdge Advisors LLC lifted its holdings in Capital Group Short Duration Income ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 535,206 shares of the company’s stock valued at $13,771,000 after buying an additional 94,704 shares during the period. Finally, Independent Financial Group LLC bought a new position in Capital Group Short Duration Income ETF in the first quarter valued at approximately $824,000.

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.