Kensington Asset Management LLC Buys 72,990 Shares of Capital Group Ultra Short Income ETF $CGUI

Kensington Asset Management LLC increased its stake in Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) by 65.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 184,915 shares of the company’s stock after buying an additional 72,990 shares during the quarter. Kensington Asset Management LLC owned about 2.31% of Capital Group Ultra Short Income ETF worth $4,679,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CGUI. Jane Street Group LLC lifted its position in Capital Group Ultra Short Income ETF by 267.5% in the first quarter. Jane Street Group LLC now owns 56,676 shares of the company’s stock worth $1,428,000 after buying an additional 41,254 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in Capital Group Ultra Short Income ETF in the second quarter worth $136,000. MML Investors Services LLC bought a new stake in Capital Group Ultra Short Income ETF in the second quarter worth $929,000. Captrust Financial Advisors lifted its position in Capital Group Ultra Short Income ETF by 0.8% in the second quarter. Captrust Financial Advisors now owns 66,856 shares of the company’s stock worth $1,687,000 after buying an additional 561 shares during the last quarter. Finally, Geneos Wealth Management Inc. bought a new stake in Capital Group Ultra Short Income ETF in the second quarter worth $1,108,000.

Capital Group Ultra Short Income ETF Stock Performance

NYSEARCA:CGUI opened at $25.33 on Friday. Capital Group Ultra Short Income ETF has a twelve month low of $25.20 and a twelve month high of $25.41. The stock has a fifty day simple moving average of $25.33 and a 200-day simple moving average of $25.34.

About Capital Group Ultra Short Income ETF

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.