Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Stake Raised by LongView Wealth Management

LongView Wealth Management boosted its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 107.4% in the 4th quarter, Holdings Channel reports. The firm owned 54,673 shares of the company’s stock after buying an additional 28,312 shares during the period. LongView Wealth Management’s holdings in Capital Group Short Duration Income ETF were worth $1,402,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 3,096.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock worth $929,450,000 after acquiring an additional 3,474,992 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Capital Group Short Duration Income ETF by 14.1% in the third quarter. Commonwealth Equity Services LLC now owns 1,470,612 shares of the company’s stock worth $38,104,000 after acquiring an additional 182,046 shares in the last quarter. Cetera Investment Advisers lifted 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 valued at $24,497,000 after acquiring an additional 24,259 shares in the last quarter. Bridgewealth Advisory Group LLC grew its position in Capital Group Short Duration Income ETF by 30.2% during the 2nd quarter. Bridgewealth Advisory Group LLC now owns 532,318 shares of the company’s stock worth $13,526,000 after purchasing an additional 123,369 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Capital Group Short Duration Income ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 409,535 shares of the company’s stock valued at $10,406,000 after purchasing an additional 119,082 shares during the period.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA:CGSD opened at $25.71 on Friday. Capital Group Short Duration Income ETF has a 1-year low of $25.21 and a 1-year high of $26.01. The business’s fifty day moving average price is $25.67 and its 200 day moving average price is $25.72.

Capital Group Short Duration Income ETF Increases Dividend

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

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.