Capital Group Ultra Short Income ETF $CGUI Shares Bought by Kensington Asset Management LLC

Kensington Asset Management LLC lifted its position in shares of Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) by 86.8% during the third quarter, Holdings Channel.com reports. The firm owned 111,925 shares of the company’s stock after acquiring an additional 51,994 shares during the period. Kensington Asset Management LLC’s holdings in Capital Group Ultra Short Income ETF were worth $2,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Merit Financial Group LLC acquired a new stake in Capital Group Ultra Short Income ETF during the third quarter valued at $26,965,000. Creekmur Asset Management LLC purchased a new stake in shares of Capital Group Ultra Short Income ETF during the 2nd quarter worth about $19,486,000. Tribridge Partners Financial LLC grew its position in shares of Capital Group Ultra Short Income ETF by 29.2% during the 3rd quarter. Tribridge Partners Financial LLC now owns 217,372 shares of the company’s stock valued at $5,497,000 after acquiring an additional 49,135 shares during the period. Captrust Financial Advisors grew its position in shares of Capital Group Ultra Short Income ETF by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 66,856 shares of the company’s stock valued at $1,687,000 after acquiring an additional 561 shares during the period. Finally, Entruity Wealth LLC increased its stake in shares of Capital Group Ultra Short Income ETF by 23.3% in the 2nd quarter. Entruity Wealth LLC now owns 66,240 shares of the company’s stock valued at $1,671,000 after purchasing an additional 12,523 shares in the last quarter.

Capital Group Ultra Short Income ETF Stock Performance

Shares of CGUI stock opened at $25.39 on Thursday. Capital Group Ultra Short Income ETF has a 12-month low of $25.16 and a 12-month high of $25.41. The business’s 50 day moving average is $25.36 and its two-hundred day moving average is $25.33.

Capital Group Ultra Short Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were issued a $0.0668 dividend. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, January 30th.

Capital Group Ultra Short Income ETF Profile

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.