Conservest Capital Advisors Inc. Purchases 259,855 Shares of Capital Group Short Duration Income ETF $CGSD

Conservest Capital Advisors Inc. grew its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 309.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 343,833 shares of the company’s stock after acquiring an additional 259,855 shares during the period. Capital Group Short Duration Income ETF accounts for 0.8% of Conservest Capital Advisors Inc.’s portfolio, making the stock its 23rd largest holding. Conservest Capital Advisors Inc. owned about 0.41% of Capital Group Short Duration Income ETF worth $8,867,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Uptick Partners LLC bought a new position in Capital Group Short Duration Income ETF in the 1st quarter valued at $2,260,000. Diversify Wealth Management LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the first quarter valued at $324,000. Valmark Advisers Inc. raised its holdings in shares of Capital Group Short Duration Income ETF by 48.3% in the first quarter. Valmark Advisers Inc. now owns 488,831 shares of the company’s stock valued at $12,607,000 after buying an additional 159,160 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Capital Group Short Duration Income ETF in the first quarter valued at about $410,000. Finally, Kestra Advisory Services LLC lifted its position in Capital Group Short Duration Income ETF by 196.6% during the 1st quarter. Kestra Advisory Services LLC now owns 215,737 shares of the company’s stock worth $5,564,000 after buying an additional 143,012 shares in the last quarter.

Capital Group Short Duration Income ETF Price Performance

Shares of NYSEARCA:CGSD opened at $25.70 on Wednesday. Capital Group Short Duration Income ETF has a 12 month low of $25.67 and a 12 month high of $26.15. The company’s 50-day moving average price is $25.77 and its two-hundred day moving average price is $25.90.

Capital Group Short Duration Income ETF 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.