Janney Montgomery Scott LLC Raises Stake in Capital Group Short Duration Income ETF $CGSD

Janney Montgomery Scott LLC raised its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 49.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 79,918 shares of the company’s stock after acquiring an additional 26,545 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Capital Group Short Duration Income ETF were worth $2,061,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in CGSD. Wood Tarver Financial Group LLC raised its position in shares of Capital Group Short Duration Income ETF by 569.7% during the 4th quarter. Wood Tarver Financial Group LLC now owns 1,376,244 shares of the company’s stock worth $35,796,000 after acquiring an additional 1,170,734 shares in the last quarter. LPL Financial LLC grew its position in shares of Capital Group Short Duration Income ETF by 22.5% in the 4th quarter. LPL Financial LLC now owns 6,235,706 shares of the company’s stock valued at $162,191,000 after buying an additional 1,145,248 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Capital Group Short Duration Income ETF by 55.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,731,920 shares of the company’s stock valued at $45,047,000 after buying an additional 615,309 shares during the last quarter. Thayer Financial L.L.C. acquired a new stake in Capital Group Short Duration Income ETF during the 4th quarter worth $10,735,000. Finally, Susquehanna International Group LLP acquired a new stake in Capital Group Short Duration Income ETF during the 3rd quarter worth $10,536,000.

Capital Group Short Duration Income ETF Stock Up 0.1%

Shares of CGSD stock opened at $25.73 on Friday. The stock’s 50-day moving average is $25.78 and its two-hundred day moving average is $25.91. Capital Group Short Duration Income ETF has a 1 year low of $25.69 and a 1 year high of $26.15.

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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.