Capital Group Ultra Short Income ETF $CGUI Shares Acquired by Brookstone Capital Management

Brookstone Capital Management grew its holdings in Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) by 589.6% during the 1st quarter, Holdings Channel reports. The fund owned 414,867 shares of the company’s stock after purchasing an additional 354,705 shares during the period. Brookstone Capital Management’s holdings in Capital Group Ultra Short Income ETF were worth $10,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Captrust Financial Advisors raised its holdings in shares of Capital Group Ultra Short Income ETF by 0.8% during the second quarter. Captrust Financial Advisors now owns 66,856 shares of the company’s stock worth $1,687,000 after purchasing an additional 561 shares during the last quarter. Entruity Wealth LLC lifted its position in Capital Group Ultra Short Income ETF by 1.0% during the fourth quarter. Entruity Wealth LLC now owns 58,788 shares of the company’s stock valued at $1,488,000 after purchasing an additional 583 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in Capital Group Ultra Short Income ETF in the third quarter valued at $30,000. Farther Finance Advisors LLC purchased a new stake in Capital Group Ultra Short Income ETF in the fourth quarter valued at $63,000. Finally, Envestnet Asset Management Inc. grew its position in Capital Group Ultra Short Income ETF by 8.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 40,174 shares of the company’s stock worth $1,016,000 after purchasing an additional 2,988 shares during the period.

Capital Group Ultra Short Income ETF Trading Down 0.0%

NYSEARCA CGUI opened at $25.32 on Tuesday. The stock has a 50-day simple moving average of $25.33 and a two-hundred day simple moving average of $25.34. Capital Group Ultra Short Income ETF has a fifty-two week low of $25.20 and a fifty-two week high of $25.41.

About Capital Group Ultra Short Income ETF

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.