Private Advisor Group LLC Boosts Holdings in Capital Group Short Duration Income ETF $CGSD

Private Advisor Group LLC increased its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 10.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 520,838 shares of the company’s stock after purchasing an additional 50,685 shares during the period. Private Advisor Group LLC owned approximately 0.62% of Capital Group Short Duration Income ETF worth $13,432,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new position in Capital Group Short Duration Income ETF in the first quarter worth about $207,000. Jane Street Group LLC grew its holdings in shares of Capital Group Short Duration Income ETF by 58.6% during the first quarter. Jane Street Group LLC now owns 128,815 shares of the company’s stock valued at $3,325,000 after buying an additional 47,590 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Capital Group Short Duration Income ETF by 52.8% during the second quarter. NewEdge Advisors LLC now owns 263,378 shares of the company’s stock valued at $6,831,000 after acquiring an additional 91,022 shares in the last quarter. Sei Investments Co. bought a new stake in shares of Capital Group Short Duration Income ETF during the second quarter valued at approximately $1,062,000. Finally, Raymond James Financial Inc. raised its holdings in Capital Group Short Duration Income ETF by 45.0% in the 2nd quarter. Raymond James Financial Inc. now owns 939,933 shares of the company’s stock worth $24,377,000 after acquiring an additional 291,618 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

CGSD stock opened at $25.74 on Friday. The stock’s 50 day simple moving average is $25.79 and its 200 day simple moving average is $25.92. Capital Group Short Duration Income ETF has a 12-month low of $25.70 and a 12-month high of $26.15.

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.