79,551 Capital Group Short Duration Income ETF $CGSD Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 35.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 307,153 shares of the company’s stock after acquiring an additional 79,551 shares during the quarter. Kestra Advisory Services LLC owned about 0.27% of Capital Group Short Duration Income ETF worth $7,756,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Arkadios Wealth Advisors increased its holdings in Capital Group Short Duration Income ETF by 6.7% in the 1st 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. Envestnet Portfolio Solutions Inc. grew its holdings in Capital Group Short Duration Income ETF by 5.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 18,088 shares of the company’s stock worth $465,000 after acquiring an additional 876 shares during the period. Continuum Advisory LLC raised its position in Capital Group Short Duration Income ETF by 5.8% during the second quarter. Continuum Advisory LLC now owns 18,146 shares of the company’s stock valued at $467,000 after acquiring an additional 987 shares in the last quarter. GAMMA Investing LLC acquired a new position in Capital Group Short Duration Income ETF in the second quarter valued at approximately $27,000. Finally, North Star Investment Management Corp. acquired a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth approximately $35,000.

Capital Group Short Duration Income ETF Stock Performance

CGSD stock opened at $25.39 on Wednesday. Capital Group Short Duration Income ETF has a one year low of $25.22 and a one year high of $26.15. The firm’s fifty day moving average is $25.43 and its 200 day moving average is $25.74.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were given a dividend of $0.0976 per share. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0917. The ex-dividend date was Friday, October 30th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.6%.

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.