UBS Group AG Increases Stock Holdings in Capital Group Short Duration Income ETF $CGSD

UBS Group AG boosted its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 9.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,281,578 shares of the company’s stock after acquiring an additional 110,713 shares during the quarter. UBS Group AG owned 1.71% of Capital Group Short Duration Income ETF worth $33,334,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CGSD. RFP Financial Group LLC raised its position in Capital Group Short Duration Income ETF by 1,814.3% in the 3rd quarter. RFP Financial Group LLC now owns 488,998 shares of the company’s stock valued at $12,683,000 after purchasing an additional 463,454 shares in the last quarter. Thayer Financial L.L.C. acquired a new stake in Capital Group Short Duration Income ETF in the 4th quarter valued at about $10,735,000. Susquehanna International Group LLP acquired a new stake in Capital Group Short Duration Income ETF in the 3rd quarter valued at about $10,536,000. Landaas & Co. WI ADV raised its position in Capital Group Short Duration Income ETF by 118.3% in the 4th 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 in the last quarter. Finally, Raymond James Financial Inc. raised its position in Capital Group Short Duration Income ETF by 45.0% in the 2nd quarter. Raymond James Financial Inc. now owns 939,933 shares of the company’s stock valued at $24,377,000 after purchasing an additional 291,618 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.0%

CGSD stock opened at $25.84 on Friday. The business’s 50-day moving average is $25.90 and its two-hundred day moving average is $25.99. Capital Group Short Duration Income ETF has a 1 year low of $25.72 and a 1 year high of $26.15.

Capital Group Short Duration Income ETF Increases Dividend

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

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.