Capital Group Short Duration Income ETF $CGSD Shares Bought by UBS Group AG

UBS Group AG boosted its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,281,578 shares of the company’s stock after buying an additional 110,713 shares during the period. UBS Group AG’s holdings in Capital Group Short Duration Income ETF were worth $33,334,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in CGSD. Integrated Wealth Concepts LLC acquired a new position in Capital Group Short Duration Income ETF during the first quarter worth approximately $207,000. Jane Street Group LLC increased its position in Capital Group Short Duration Income ETF by 58.6% during the first quarter. Jane Street Group LLC now owns 128,815 shares of the company’s stock worth $3,325,000 after buying an additional 47,590 shares during the period. NewEdge Advisors LLC increased its position in Capital Group Short Duration Income ETF by 52.8% during the second quarter. NewEdge Advisors LLC now owns 263,378 shares of the company’s stock worth $6,831,000 after buying an additional 91,022 shares during the period. Sei Investments Co. acquired a new position in Capital Group Short Duration Income ETF during the second quarter worth approximately $1,062,000. Finally, Raymond James Financial Inc. increased its position in Capital Group Short Duration Income ETF by 45.0% during the second quarter. Raymond James Financial Inc. now owns 939,933 shares of the company’s stock worth $24,377,000 after buying an additional 291,618 shares during the period.

Capital Group Short Duration Income ETF Stock Up 0.0%

CGSD opened at $25.84 on Friday. The business’s 50 day moving average is $25.90 and its two-hundred day moving average is $25.99. Capital Group Short Duration Income ETF has a 52 week low of $25.72 and a 52 week high of $26.15.

Capital Group Short Duration Income ETF Increases Dividend

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

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.