Capital Group Short Duration Income ETF $CGSD Stock Acquired by Kestra Investment Management LLC

Kestra Investment Management LLC boosted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 12.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 377,175 shares of the company’s stock after purchasing an additional 41,126 shares during the quarter. Kestra Investment Management LLC’s holdings in Capital Group Short Duration Income ETF were worth $9,524,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CGSD. M Holdings Securities Inc. acquired a new position in Capital Group Short Duration Income ETF in the third quarter valued at $257,000. Ashton Thomas Private Wealth LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 57.9% in the third quarter. Ashton Thomas Private Wealth LLC now owns 67,635 shares of the company’s stock valued at $1,708,000 after buying an additional 24,797 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 35.0% in the third quarter. Kestra Advisory Services LLC now owns 307,153 shares of the company’s stock valued at $7,756,000 after buying an additional 79,551 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Capital Group Short Duration Income ETF during the third quarter worth about $59,835,000. Finally, Integras Partners LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 3.7% during the third quarter. Integras Partners LLC now owns 151,491 shares of the company’s stock worth $3,825,000 after buying an additional 5,467 shares during the period.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA CGSD opened at $25.49 on Tuesday. Capital Group Short Duration Income ETF has a 52-week low of $25.22 and a 52-week high of $26.15. The business’s 50-day moving average price is $25.43 and its 200 day moving average price is $25.74.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 2nd. Shareholders of record on Friday, October 30th were given a dividend of $0.0976 per share. This represents a $1.17 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Friday, October 30th. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0917.

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.