Capital Group Short Duration Income ETF $CGSD Shares Bought by World Investment Advisors

World Investment Advisors grew its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 46.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,363 shares of the company’s stock after purchasing an additional 29,812 shares during the period. World Investment Advisors owned approximately 0.13% of Capital Group Short Duration Income ETF worth $2,454,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of CGSD. Geneos Wealth Management Inc. increased its stake in Capital Group Short Duration Income ETF by 5.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 8,092 shares of the company’s stock valued at $210,000 after buying an additional 397 shares during the period. Ausdal Financial Partners Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 4.1% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 17,402 shares of the company’s stock worth $452,000 after acquiring an additional 683 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Capital Group Short Duration Income ETF by 0.7% in the 4th quarter. International Assets Investment Management LLC now owns 126,908 shares of the company’s stock worth $3,301,000 after acquiring an additional 836 shares during the period. Pines Wealth Management LLC raised its holdings in Capital Group Short Duration Income ETF by 3.0% during the fourth quarter. Pines Wealth Management LLC now owns 31,040 shares of the company’s stock worth $807,000 after purchasing an additional 896 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in Capital Group Short Duration Income ETF by 102.4% during the third quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after purchasing an additional 900 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD stock opened at $25.75 on Friday. Capital Group Short Duration Income ETF has a fifty-two week low of $25.70 and a fifty-two week high of $26.15. The business has a fifty day simple moving average of $25.82 and a 200-day simple moving average of $25.94.

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.