Thayer Financial L.L.C. increased its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 5.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 461,835 shares of the company’s stock after purchasing an additional 22,843 shares during the period. Capital Group Short Duration Income ETF makes up approximately 10.8% of Thayer Financial L.L.C.’s investment portfolio, making the stock its 4th largest holding. Thayer Financial L.L.C. owned about 0.51% of Capital Group Short Duration Income ETF worth $11,883,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in Capital Group Short Duration Income ETF by 22.5% in the fourth quarter. LPL Financial LLC now owns 6,235,706 shares of the company’s stock valued at $162,191,000 after buying an additional 1,145,248 shares during the period. Morgan Stanley grew its position in shares of Capital Group Short Duration Income ETF by 7.1% during the 4th quarter. Morgan Stanley now owns 5,944,971 shares of the company’s stock worth $154,629,000 after buying an additional 396,507 shares during the period. Cetera Investment Advisers grew its position in shares of Capital Group Short Duration Income ETF by 6.8% during the 1st quarter. Cetera Investment Advisers now owns 2,487,155 shares of the company’s stock worth $64,144,000 after buying an additional 157,326 shares during the period. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Short Duration Income ETF by 0.7% in the 4th quarter. Capital Group Private Client Services Inc. now owns 2,346,908 shares of the company’s stock valued at $61,043,000 after acquiring an additional 15,569 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Capital Group Short Duration Income ETF by 6.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,144,817 shares of the company’s stock valued at $55,787,000 after acquiring an additional 123,381 shares during the last quarter.
Capital Group Short Duration Income ETF Trading Up 0.1%
Shares of NYSEARCA:CGSD opened at $25.70 on Friday. The firm’s 50 day simple moving average is $25.74 and its 200 day simple moving average is $25.87. Capital Group Short Duration Income ETF has a fifty-two week low of $25.61 and a fifty-two week high of $26.15.
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.
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