Capital Group Short Duration Income ETF $CGSD Shares Bought by Landaas & Co. WI ADV

Landaas & Co. WI ADV increased its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 118.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 541,876 shares of the company’s stock after buying an additional 293,652 shares during the period. Capital Group Short Duration Income ETF accounts for about 3.1% of Landaas & Co. WI ADV’s portfolio, making the stock its 6th largest holding. Landaas & Co. WI ADV’s holdings in Capital Group Short Duration Income ETF were worth $14,094,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new stake in Capital Group Short Duration Income ETF during the first quarter worth approximately $207,000. Jane Street Group LLC grew its position in shares of Capital Group Short Duration Income ETF by 58.6% in the first quarter. Jane Street Group LLC now owns 128,815 shares of the company’s stock valued at $3,325,000 after purchasing an additional 47,590 shares during the last quarter. CW Advisors LLC increased its stake in shares of Capital Group Short Duration Income ETF by 8.7% during the second quarter. CW Advisors LLC now owns 25,376 shares of the company’s stock worth $658,000 after purchasing an additional 2,034 shares during the period. NewEdge Advisors LLC lifted its holdings in Capital Group Short Duration Income ETF by 52.8% during the 2nd quarter. NewEdge Advisors LLC now owns 263,378 shares of the company’s stock worth $6,831,000 after purchasing an additional 91,022 shares during the last quarter. Finally, Sei Investments Co. bought a new stake in Capital Group Short Duration Income ETF in the 2nd quarter valued at $1,062,000.

Capital Group Short Duration Income ETF Stock Down 0.2%

Shares of NYSEARCA CGSD opened at $25.80 on Tuesday. The stock’s fifty day moving average price is $25.98 and its two-hundred day moving average price is $26.02. Capital Group Short Duration Income ETF has a one year low of $25.62 and a one year high of $26.15.

Capital Group Short Duration Income ETF Increases Dividend

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

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.