Total Clarity Wealth Management Inc. Increases Stock Holdings in Capital Group Short Duration Municipal Income ETF $CGSM

Total Clarity Wealth Management Inc. lifted its position in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 16.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 140,438 shares of the company’s stock after buying an additional 19,833 shares during the quarter. Total Clarity Wealth Management Inc. owned approximately 0.33% of Capital Group Short Duration Municipal Income ETF worth $3,691,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. EQ Wealth Advisors LLC acquired a new stake in Capital Group Short Duration Municipal Income ETF in the 4th quarter valued at about $30,000. JPMorgan Chase & Co. lifted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 409.6% in the third quarter. JPMorgan Chase & Co. now owns 1,641 shares of the company’s stock valued at $43,000 after purchasing an additional 1,319 shares in the last quarter. Private Trust Co. NA purchased a new stake in shares of Capital Group Short Duration Municipal Income ETF in the fourth quarter valued at about $50,000. Lodestone Wealth Management LLC purchased a new stake in Capital Group Short Duration Municipal Income ETF in the 4th quarter valued at approximately $51,000. Finally, CoreCap Advisors LLC acquired a new position in shares of Capital Group Short Duration Municipal Income ETF in the fourth quarter worth $58,000.

Capital Group Short Duration Municipal Income ETF Stock Performance

Shares of NYSEARCA:CGSM opened at $26.38 on Tuesday. Capital Group Short Duration Municipal Income ETF has a 52-week low of $26.05 and a 52-week high of $26.68. The stock’s fifty day simple moving average is $26.35 and its 200-day simple moving average is $26.42.

Capital Group Short Duration Municipal Income ETF Profile

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year. CGSM was launched on Sep 26, 2023 and is issued by Capital Group.