Wealth Science Advisors LLC Acquires 317,805 Shares of Capital Group Short Duration Income ETF $CGSD

Wealth Science Advisors LLC lifted its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 90.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 670,075 shares of the company’s stock after buying an additional 317,805 shares during the quarter. Capital Group Short Duration Income ETF comprises 7.4% of Wealth Science Advisors LLC’s portfolio, making the stock its 4th biggest holding. Wealth Science Advisors LLC owned about 0.62% of Capital Group Short Duration Income ETF worth $16,919,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Freestate Advisors LLC grew its holdings in Capital Group Short Duration Income ETF by 5.9% during the 3rd quarter. Freestate Advisors LLC now owns 86,157 shares of the company’s stock worth $2,175,000 after acquiring an additional 4,817 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Capital Group Short Duration Income ETF by 1,078.9% during the third quarter. Farther Finance Advisors LLC now owns 7,168 shares of the company’s stock valued at $181,000 after purchasing an additional 6,560 shares during the last quarter. Cooper Financial Group acquired a new stake in shares of Capital Group Short Duration Income ETF in the third quarter valued at approximately $364,000. Weaver Consulting Group raised its position in Capital Group Short Duration Income ETF by 9.5% in the 3rd quarter. Weaver Consulting Group now owns 92,666 shares of the company’s stock worth $2,340,000 after purchasing an additional 8,048 shares during the last quarter. Finally, Stewardship Concepts Financial Services LLC raised its position in Capital Group Short Duration Income ETF by 16.6% in the 3rd quarter. Stewardship Concepts Financial Services LLC now owns 82,126 shares of the company’s stock worth $2,074,000 after purchasing an additional 11,678 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.34 on Friday. The business’s fifty day moving average price is $25.55 and its two-hundred day moving average price is $25.71. Capital Group Short Duration Income ETF has a 52 week low of $25.22 and a 52 week high of $26.15.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a $0.0917 dividend. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.0888. This represents a $1.10 annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, September 29th.

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.