Total Clarity Wealth Management Inc. Boosts Stock Holdings in Capital Group Short Duration Municipal Income ETF $CGSM

Total Clarity Wealth Management Inc. raised its stake in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 16.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,438 shares of the company’s stock after purchasing an additional 19,833 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Capital Group Short Duration Municipal Income ETF were worth $3,691,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors raised its position in shares of Capital Group Short Duration Municipal Income ETF by 1.0% in the 4th quarter. Capital International Investors now owns 13,026,702 shares of the company’s stock worth $343,123,000 after buying an additional 125,134 shares during the period. Morgan Stanley increased its stake in Capital Group Short Duration Municipal Income ETF by 1.7% during the fourth quarter. Morgan Stanley now owns 2,829,898 shares of the company’s stock worth $74,540,000 after acquiring an additional 48,078 shares during the last quarter. LPL Financial LLC increased its stake in Capital Group Short Duration Municipal Income ETF by 25.2% during the fourth quarter. LPL Financial LLC now owns 1,589,276 shares of the company’s stock worth $41,862,000 after acquiring an additional 320,323 shares during the last quarter. Captrust Financial Advisors increased its stake in Capital Group Short Duration Municipal Income ETF by 7.2% during the fourth quarter. Captrust Financial Advisors now owns 860,845 shares of the company’s stock worth $22,675,000 after acquiring an additional 57,547 shares during the last quarter. Finally, Capital Group Private Client Services Inc. raised its holdings in shares of Capital Group Short Duration Municipal Income ETF by 20.6% in the 4th quarter. Capital Group Private Client Services Inc. now owns 778,976 shares of the company’s stock worth $20,518,000 after purchasing an additional 133,075 shares during the period.

Capital Group Short Duration Municipal Income ETF Stock Up 0.0%

NYSEARCA CGSM opened at $26.38 on Tuesday. Capital Group Short Duration Municipal Income ETF has a 1-year low of $26.05 and a 1-year high of $26.68. The business’s 50-day simple moving average is $26.35 and its 200-day simple moving average is $26.42.

About Capital Group Short Duration Municipal Income ETF

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year. CGSM was launched on Sep 26, 2023 and is issued by Capital Group.