World Investment Advisors Increases Holdings in Capital Group Short Duration Income ETF $CGSD

by · The Cerbat Gem

World Investment Advisors lifted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 204.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,551 shares of the company’s stock after acquiring an additional 43,360 shares during the period. World Investment Advisors owned 0.10% of Capital Group Short Duration Income ETF worth $1,677,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its position in shares of Capital Group Short Duration Income ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,035,466 shares of the company’s stock valued at $26,855,000 after purchasing an additional 182,154 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Capital Group Short Duration Income ETF by 14.5% in the second quarter. Janney Montgomery Scott LLC now owns 22,826 shares of the company’s stock worth $592,000 after buying an additional 2,882 shares in the last quarter. Comerica Bank boosted its stake in Capital Group Short Duration Income ETF by 762.0% during the first quarter. Comerica Bank now owns 6,663 shares of the company’s stock valued at $172,000 after buying an additional 5,890 shares during the last quarter. Freestate Advisors LLC grew its holdings in Capital Group Short Duration Income ETF by 79.9% during the 3rd quarter. Freestate Advisors LLC now owns 51,922 shares of the company’s stock valued at $1,349,000 after buying an additional 23,068 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in Capital Group Short Duration Income ETF during the 2nd quarter valued at approximately $214,000.

Capital Group Short Duration Income ETF Stock Up 0.1%

Shares of CGSD opened at $26.00 on Friday. Capital Group Short Duration Income ETF has a 1 year low of $25.57 and a 1 year high of $26.14. The business’s 50 day simple moving average is $26.03 and its 200-day simple moving average is $26.00.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were paid a dividend of $0.1208 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 5.6%.

About Capital Group Short Duration Income ETF

(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

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