33,670 Shares in Capital Group Short Duration Municipal Income ETF $CGSM Bought by Citadel Advisors LLC

Citadel Advisors LLC acquired a new stake in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 33,670 shares of the company’s stock, valued at approximately $888,000.

Other large investors have also bought and sold shares of the company. Capital International Investors grew its holdings in shares of Capital Group Short Duration Municipal Income ETF by 1.0% during the 4th quarter. Capital International Investors now owns 13,026,702 shares of the company’s stock valued at $343,123,000 after purchasing an additional 125,134 shares during the last quarter. Morgan Stanley lifted its stake in Capital Group Short Duration Municipal Income ETF by 1.7% in the 4th quarter. Morgan Stanley now owns 2,829,898 shares of the company’s stock valued at $74,540,000 after purchasing an additional 48,078 shares during the last quarter. LPL Financial LLC lifted its stake in Capital Group Short Duration Municipal Income ETF by 25.2% in the 4th quarter. LPL Financial LLC now owns 1,589,276 shares of the company’s stock valued at $41,862,000 after purchasing an additional 320,323 shares during the last quarter. Cetera Investment Advisers boosted its position in Capital Group Short Duration Municipal Income ETF by 41.1% in the first quarter. Cetera Investment Advisers now owns 989,257 shares of the company’s stock valued at $25,998,000 after buying an additional 288,245 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Capital Group Short Duration Municipal Income ETF by 7.2% in the fourth quarter. Captrust Financial Advisors now owns 860,845 shares of the company’s stock valued at $22,675,000 after buying an additional 57,547 shares in the last quarter.

Capital Group Short Duration Municipal Income ETF Price Performance

NYSEARCA CGSM opened at $26.06 on Friday. Capital Group Short Duration Municipal Income ETF has a twelve month low of $26.03 and a twelve month high of $26.68. The business’s fifty day moving average is $26.28 and its 200 day moving average is $26.35.

Capital Group Short Duration Municipal Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were paid a dividend of $0.0682 per share. The ex-dividend date of this dividend was Friday, July 31st. This is a positive change from Capital Group Short Duration Municipal Income ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%.

Capital Group Short Duration Municipal Income ETF Company Profile

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.