Lincoln National Corp Acquires 114,564 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Lincoln National Corp lifted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 37.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 422,307 shares of the company’s stock after acquiring an additional 114,564 shares during the period. Lincoln National Corp’s holdings in Capital Group Short Duration Income ETF were worth $10,748,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. SOL Capital Management CO boosted its stake in shares of Capital Group Short Duration Income ETF by 127.1% in the fourth quarter. SOL Capital Management CO now owns 107,282 shares of the company’s stock worth $2,730,000 after acquiring an additional 60,042 shares during the period. New England Capital Financial Advisors LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 4.1% in the third quarter. New England Capital Financial Advisors LLC now owns 192,248 shares of the company’s stock worth $4,814,000 after acquiring an additional 7,560 shares during the period. Bridgewealth Advisory Group LLC bought a new position in shares of Capital Group Short Duration Income ETF in the fourth quarter worth about $3,401,000. NBC Securities Inc. bought a new position in shares of Capital Group Short Duration Income ETF in the third quarter worth about $547,000. Finally, Sigma Planning Corp bought a new position in shares of Capital Group Short Duration Income ETF in the third quarter worth about $221,000.

Capital Group Short Duration Income ETF Stock Performance

Capital Group Short Duration Income ETF stock remained flat at $25.37 during midday trading on Tuesday. The company had a trading volume of 118,847 shares, compared to its average volume of 122,056. The business’s 50 day moving average price is $25.38 and its two-hundred day moving average price is $25.38. Capital Group Short Duration Income ETF has a 52 week low of $24.97 and a 52 week high of $25.75.

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.