317,805 Capital Group Short Duration Income ETF $CGSD Shares Acquired by Wealth Science Advisors LLC

Wealth Science Advisors LLC boosted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 90.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 670,075 shares of the company’s stock after buying an additional 317,805 shares during the period. Capital Group Short Duration Income ETF makes up about 7.4% of Wealth Science Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Wealth Science Advisors LLC’s holdings in Capital Group Short Duration Income ETF were worth $16,919,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Freestate Advisors LLC grew its holdings in Capital Group Short Duration Income ETF by 5.9% during the 3rd quarter. Freestate Advisors LLC now owns 86,157 shares of the company’s stock worth $2,175,000 after acquiring an additional 4,817 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Capital Group Short Duration Income ETF by 1,078.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,168 shares of the company’s stock worth $181,000 after purchasing an additional 6,560 shares during the last quarter. Cooper Financial Group acquired a new stake in shares of Capital Group Short Duration Income ETF during the third quarter worth $364,000. Weaver Consulting Group increased its holdings in Capital Group Short Duration Income ETF by 9.5% in the third quarter. Weaver Consulting Group now owns 92,666 shares of the company’s stock valued at $2,340,000 after purchasing an additional 8,048 shares during the last quarter. Finally, Stewardship Concepts Financial Services LLC lifted its stake in Capital Group Short Duration Income ETF by 16.6% in the third quarter. Stewardship Concepts Financial Services LLC now owns 82,126 shares of the company’s stock valued at $2,074,000 after buying an additional 11,678 shares during the period.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.34 on Friday. Capital Group Short Duration Income ETF has a 1 year low of $25.22 and a 1 year high of $26.15. The stock’s 50-day moving average price is $25.55 and its two-hundred day moving average price is $25.71.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a $0.0917 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 4.3%. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0888.

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.