Wood Tarver Financial Group LLC Has $5.34 Million Position in Capital Group Short Duration Income ETF $CGSD

Wood Tarver Financial Group LLC raised its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 20.8% during the third quarter, Holdings Channel.com reports. The fund owned 205,510 shares of the company’s stock after purchasing an additional 35,400 shares during the period. Capital Group Short Duration Income ETF comprises about 1.6% of Wood Tarver Financial Group LLC’s holdings, making the stock its 15th largest holding. Wood Tarver Financial Group LLC’s holdings in Capital Group Short Duration Income ETF were worth $5,339,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in 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 purchasing an additional 39,561 shares during the period. Freestate Advisors LLC grew 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 worth $1,349,000 after purchasing an additional 23,068 shares during the period. Cetera Investment Advisers grew its stake in shares of Capital Group Short Duration Income ETF by 21.2% during the second quarter. Cetera Investment Advisers now owns 1,839,269 shares of the company’s stock worth $47,701,000 after purchasing an additional 321,670 shares during the period. Bridgewealth Advisory Group LLC increased its holdings in Capital Group Short Duration Income ETF by 3.3% in the third quarter. Bridgewealth Advisory Group LLC now owns 813,953 shares of the company’s stock valued at $21,146,000 after purchasing an additional 25,973 shares during the last quarter. Finally, Petredis Investment Advisors LLC increased its holdings in Capital Group Short Duration Income ETF by 46.1% in the third quarter. Petredis Investment Advisors LLC now owns 173,115 shares of the company’s stock valued at $4,498,000 after purchasing an additional 54,633 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

NYSEARCA:CGSD opened at $25.89 on Friday. Capital Group Short Duration Income ETF has a 1-year low of $25.62 and a 1-year high of $26.15. The business’s 50-day moving average price is $26.05 and its two-hundred day moving average price is $26.04.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a $0.0856 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07.

Capital Group Short Duration Income ETF Company 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.