87,628 Shares in Capital Group Short Duration Income ETF $CGSD Purchased by Uptick Partners LLC

Uptick Partners LLC bought a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the first quarter, HoldingsChannel reports. The fund bought 87,628 shares of the company’s stock, valued at approximately $2,260,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Wood Tarver Financial Group LLC raised its position in Capital Group Short Duration Income ETF by 569.7% during the 4th quarter. Wood Tarver Financial Group LLC now owns 1,376,244 shares of the company’s stock worth $35,796,000 after buying an additional 1,170,734 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Capital Group Short Duration Income ETF by 22.5% in the 4th quarter. LPL Financial LLC now owns 6,235,706 shares of the company’s stock valued at $162,191,000 after acquiring an additional 1,145,248 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Capital Group Short Duration Income ETF by 55.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,731,920 shares of the company’s stock worth $45,047,000 after acquiring an additional 615,309 shares during the period. Thayer Financial L.L.C. acquired a new stake in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $10,735,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of Capital Group Short Duration Income ETF in the third quarter worth $10,536,000.

Capital Group Short Duration Income ETF Price Performance

Shares of Capital Group Short Duration Income ETF stock opened at $25.72 on Monday. The firm has a fifty day moving average price of $25.77 and a 200 day moving average price of $25.91. Capital Group Short Duration Income ETF has a 1 year low of $25.69 and a 1 year 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.