Richards Merrill & Peterson Inc. Has $3.23 Million Holdings in Capital Group Short Duration Income ETF $CGSD

Richards Merrill & Peterson Inc. raised its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 37.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,332 shares of the company’s stock after purchasing an additional 34,136 shares during the period. Capital Group Short Duration Income ETF accounts for about 1.2% of Richards Merrill & Peterson Inc.’s investment portfolio, making the stock its 17th largest position. Richards Merrill & Peterson Inc.’s holdings in Capital Group Short Duration Income ETF were worth $3,234,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Werba Rubin Papier Wealth Management increased its holdings in Capital Group Short Duration Income ETF by 3.6% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 55,315 shares of the company’s stock worth $1,439,000 after buying an additional 1,929 shares during the last quarter. Merit Financial Group LLC raised its position in Capital Group Short Duration Income ETF by 4.8% during the fourth 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 in the last quarter. Valmark Advisers Inc. lifted its stake in Capital Group Short Duration Income ETF by 285.5% in the fourth quarter. Valmark Advisers Inc. now owns 329,671 shares of the company’s stock valued at $8,575,000 after acquiring an additional 244,156 shares during the last quarter. Assetmark Inc. lifted its stake in Capital Group Short Duration Income ETF by 81.2% in the fourth quarter. Assetmark Inc. now owns 12,044 shares of the company’s stock valued at $313,000 after acquiring an additional 5,396 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its position in Capital Group Short Duration Income ETF by 115.9% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 20,619 shares of the company’s stock worth $536,000 after acquiring an additional 11,070 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.96 on Tuesday. The company’s fifty day moving average is $25.95 and its 200-day moving average is $26.01. Capital Group Short Duration Income ETF has a 12 month low of $25.72 and a 12 month high of $26.15.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.0856 dividend. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, February 27th.

Capital Group Short Duration Income ETF 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.