World Investment Advisors Has $2.45 Million Stock Holdings in Capital Group Short Duration Income ETF $CGSD

World Investment Advisors lifted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 46.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,363 shares of the company’s stock after buying an additional 29,812 shares during the period. World Investment Advisors owned about 0.13% of Capital Group Short Duration Income ETF worth $2,454,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $28,000. Central Pacific Bank Trust Division acquired a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $36,000. MAI Capital Management acquired a new stake in shares of Capital Group Short Duration Income ETF in the third quarter worth $40,000. IFP Advisors Inc boosted its position in shares of Capital Group Short Duration Income ETF by 102.4% in the third quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after buying an additional 900 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of Capital Group Short Duration Income ETF in the second quarter worth $49,000.

Capital Group Short Duration Income ETF Stock Down 0.2%

Shares of Capital Group Short Duration Income ETF stock opened at $25.76 on Friday. The business has a fifty day simple moving average of $25.87 and a 200-day simple moving average of $25.98. Capital Group Short Duration Income ETF has a 12 month low of $25.72 and a 12 month high of $26.15.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a $0.0856 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 27th.

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.