Wealth Science Advisors LLC Acquires New Position in Capital Group Short Duration Income ETF $CGSD

by · The Cerbat Gem

Wealth Science Advisors LLC purchased a new position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) in the 4th quarter, Holdings Channel reports. The firm purchased 86,043 shares of the company’s stock, valued at approximately $2,238,000. Capital Group Short Duration Income ETF comprises approximately 1.3% of Wealth Science Advisors LLC’s portfolio, making the stock its 15th largest holding.

A number of other hedge funds have also made changes to their positions in the business. Integrated Wealth Concepts LLC acquired a new position in shares of Capital Group Short Duration Income ETF in the 1st quarter valued at $207,000. Jane Street Group LLC boosted its holdings in shares of Capital Group Short Duration Income ETF by 58.6% in the 1st quarter. Jane Street Group LLC now owns 128,815 shares of the company’s stock valued at $3,325,000 after buying an additional 47,590 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Capital Group Short Duration Income ETF by 52.8% during the 2nd quarter. NewEdge Advisors LLC now owns 263,378 shares of the company’s stock worth $6,831,000 after purchasing an additional 91,022 shares during the period. Sei Investments Co. acquired a new stake in Capital Group Short Duration Income ETF during the 2nd quarter worth $1,062,000. Finally, Raymond James Financial Inc. boosted its stake in Capital Group Short Duration Income ETF by 45.0% during the 2nd quarter. Raymond James Financial Inc. now owns 939,933 shares of the company’s stock worth $24,377,000 after purchasing an additional 291,618 shares during the period.

Capital Group Short Duration Income ETF Trading Down 0.0%

Shares of NYSEARCA:CGSD opened at $25.92 on Friday. The firm has a fifty day moving average price of $25.94 and a 200 day moving average price of $26.00. 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 declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a dividend of $0.0856 per share. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is an increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07.

Capital Group Short Duration Income ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CGSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report).