Smith Thornton Advisors LLC Makes New Investment in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Smith Thornton Advisors LLC bought a new stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 27,725 shares of the company’s stock, valued at approximately $718,000. Smith Thornton Advisors LLC owned about 0.16% of Capital Group Short Duration Income ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CGSD. Wealth Enhancement Advisory Services LLC raised its holdings in Capital Group Short Duration Income ETF by 227.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 56,073 shares of the company’s stock valued at $1,425,000 after acquiring an additional 38,937 shares in the last quarter. Cetera Advisors LLC lifted its position in shares of Capital Group Short Duration Income ETF by 1.0% during the first quarter. Cetera Advisors LLC now owns 159,209 shares of the company’s stock worth $4,043,000 after purchasing an additional 1,504 shares during the last quarter. Private Advisor Group LLC grew its stake in Capital Group Short Duration Income ETF by 35.6% in the second quarter. Private Advisor Group LLC now owns 34,621 shares of the company’s stock worth $880,000 after purchasing an additional 9,083 shares in the last quarter. OLD Mission Capital LLC increased its holdings in Capital Group Short Duration Income ETF by 308.7% in the first quarter. OLD Mission Capital LLC now owns 142,297 shares of the company’s stock valued at $3,614,000 after buying an additional 107,482 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new stake in Capital Group Short Duration Income ETF during the second quarter valued at approximately $898,000.

Capital Group Short Duration Income ETF Stock Up 0.2 %

NYSEARCA:CGSD opened at $25.68 on Friday. The business’s 50 day moving average is $25.82 and its two-hundred day moving average is $25.63. Capital Group Short Duration Income ETF has a 52 week low of $25.06 and a 52 week high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were paid a dividend of $0.083 per share. The ex-dividend date of this dividend was Friday, September 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.