Capital Group Short Duration Income ETF $CGSD Shares Bought by Thayer Financial L.L.C.

Thayer Financial L.L.C. lifted its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 5.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 461,835 shares of the company’s stock after buying an additional 22,843 shares during the period. Capital Group Short Duration Income ETF makes up about 10.8% of Thayer Financial L.L.C.’s portfolio, making the stock its 4th largest position. Thayer Financial L.L.C.’s holdings in Capital Group Short Duration Income ETF were worth $11,883,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in CGSD. Geneos Wealth Management Inc. raised its stake in shares of 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 purchasing an additional 397 shares during the period. Ausdal Financial Partners Inc. lifted its holdings in shares of Capital Group Short Duration Income ETF by 4.1% in the third quarter. Ausdal Financial Partners Inc. now owns 17,402 shares of the company’s stock valued at $452,000 after purchasing an additional 683 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of Capital Group Short Duration Income ETF by 6.7% during the first quarter. Arkadios Wealth Advisors now owns 12,745 shares of the company’s stock worth $329,000 after buying an additional 801 shares during the period. International Assets Investment Management LLC boosted its position in shares of Capital Group Short Duration Income ETF by 0.7% during the fourth quarter. International Assets Investment Management LLC now owns 126,908 shares of the company’s stock worth $3,301,000 after buying an additional 836 shares during the period. Finally, Pines Wealth Management LLC boosted its position in shares of 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 buying an additional 896 shares during the period.

Capital Group Short Duration Income ETF Trading Up 0.1%

NYSEARCA:CGSD opened at $25.70 on Friday. The stock has a 50-day simple moving average of $25.74 and a 200 day simple moving average of $25.87. Capital Group Short Duration Income ETF has a 52-week low of $25.61 and a 52-week high of $26.15.

About Capital Group Short Duration Income ETF

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.