SOL Capital Management CO Grows Stock Holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

SOL Capital Management CO increased its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 21.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 132,842 shares of the company’s stock after buying an additional 23,865 shares during the period. SOL Capital Management CO owned 0.75% of Capital Group Short Duration Income ETF worth $3,406,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGSD. Northwestern Mutual Wealth Management Co. boosted its holdings in Capital Group Short Duration Income ETF by 171.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 70,863 shares of the company’s stock worth $1,801,000 after acquiring an additional 44,753 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Capital Group Short Duration Income ETF by 2.6% in the 2nd quarter. Cetera Investment Advisers now owns 964,072 shares of the company’s stock worth $24,497,000 after purchasing an additional 24,259 shares during the last quarter. Delta Financial Group Inc. bought a new position in Capital Group Short Duration Income ETF in the 3rd quarter worth about $239,000. Dynamic Advisor Solutions LLC grew its position in Capital Group Short Duration Income ETF by 13.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 40,022 shares of the company’s stock valued at $1,037,000 after purchasing an additional 4,694 shares during the last quarter. Finally, LongView Wealth Management increased its stake in Capital Group Short Duration Income ETF by 61.2% during the 3rd quarter. LongView Wealth Management now owns 26,361 shares of the company’s stock valued at $683,000 after purchasing an additional 10,006 shares in the last quarter.

Capital Group Short Duration Income ETF Trading Up 0.0 %

Shares of NYSEARCA CGSD opened at $25.78 on Friday. The firm’s 50 day moving average price is $25.69 and its 200-day moving average price is $25.74. Capital Group Short Duration Income ETF has a 52-week low of $25.21 and a 52-week high of $26.01.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were given a $0.0902 dividend. The ex-dividend date was Friday, November 29th. This is a boost from Capital Group Short Duration Income ETF’s previous dividend of $0.08.

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.