Private Advisor Group LLC Buys 50,685 Shares of Capital Group Short Duration Income ETF $CGSD

Private Advisor Group LLC grew its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 10.8% during the first quarter, HoldingsChannel.com reports. The fund owned 520,838 shares of the company’s stock after buying an additional 50,685 shares during the quarter. Private Advisor Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $13,432,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its position in Capital Group Short Duration Income ETF by 5.2% during the fourth 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. grew its position in Capital Group Short Duration Income ETF by 4.1% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 17,402 shares of the company’s stock worth $452,000 after purchasing an additional 683 shares during the period. International Assets Investment Management LLC raised its stake in Capital Group Short Duration Income ETF by 0.7% during the 4th quarter. International Assets Investment Management LLC now owns 126,908 shares of the company’s stock valued at $3,301,000 after buying an additional 836 shares during the last quarter. Pines Wealth Management LLC raised its stake in Capital Group Short Duration Income ETF by 3.0% during the 4th quarter. Pines Wealth Management LLC now owns 31,040 shares of the company’s stock valued at $807,000 after buying an additional 896 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Capital Group Short Duration Income ETF by 102.4% during the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock valued at $46,000 after buying an additional 900 shares during the period.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA CGSD opened at $25.74 on Friday. Capital Group Short Duration Income ETF has a 1-year low of $25.70 and a 1-year high of $26.15. The business’s fifty day moving average price is $25.79 and its 200-day moving average price is $25.92.

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.