Wealth Enhancement Advisory Services LLC Has $19.50 Million Stock Holdings in Capital Group Short Duration Income ETF $CGSD

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 17.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 749,658 shares of the company’s stock after purchasing an additional 108,951 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Short Duration Income ETF were worth $19,499,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Benjamin Edwards Inc. lifted its stake in shares of Capital Group Short Duration Income ETF by 27.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 184,816 shares of the company’s stock valued at $4,801,000 after acquiring an additional 39,561 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Capital Group Short Duration Income ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,035,466 shares of the company’s stock valued at $26,855,000 after purchasing an additional 182,154 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 14.5% during the second quarter. Janney Montgomery Scott LLC now owns 22,826 shares of the company’s stock valued at $592,000 after purchasing an additional 2,882 shares in the last quarter. Freestate Advisors LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 79.9% during the third quarter. Freestate Advisors LLC now owns 51,922 shares of the company’s stock valued at $1,349,000 after purchasing an additional 23,068 shares in the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in shares of Capital Group Short Duration Income ETF during the second quarter worth about $214,000.

Capital Group Short Duration Income ETF Stock Up 0.2%

Capital Group Short Duration Income ETF stock opened at $26.05 on Thursday. The business has a 50 day moving average of $26.03 and a 200-day moving average of $26.01. Capital Group Short Duration Income ETF has a 1 year low of $25.62 and a 1 year high of $26.14.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were paid a dividend of $0.1208 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This is an increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 5.6%.

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.