Entruity Wealth LLC Sells 101,307 Shares of Capital Group Short Duration Income ETF $CGSD

Entruity Wealth LLC lowered its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 42.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 139,709 shares of the company’s stock after selling 101,307 shares during the quarter. Capital Group Short Duration Income ETF makes up approximately 2.6% of Entruity Wealth LLC’s holdings, making the stock its 15th biggest holding. Entruity Wealth LLC’s holdings in Capital Group Short Duration Income ETF were worth $3,634,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Capital Group Private Client Services Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 3.8% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 2,331,339 shares of the company’s stock valued at $60,568,000 after purchasing an additional 86,412 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 4.8% in the 4th quarter. Merit Financial Group LLC now owns 1,910,928 shares of the company’s stock valued at $49,703,000 after purchasing an additional 88,085 shares during the last quarter. UBS Group AG boosted its stake in shares of Capital Group Short Duration Income ETF by 9.5% in the 4th quarter. UBS Group AG now owns 1,281,578 shares of the company’s stock valued at $33,334,000 after purchasing an additional 110,713 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 22.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,266,820 shares of the company’s stock valued at $32,912,000 after purchasing an additional 231,354 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 10.3% in the 3rd quarter. Raymond James Financial Inc. now owns 1,036,315 shares of the company’s stock valued at $26,923,000 after purchasing an additional 96,382 shares during the last quarter.

Capital Group Short Duration Income ETF Stock Down 0.0%

Shares of NYSEARCA CGSD opened at $25.83 on Friday. Capital Group Short Duration Income ETF has a 1 year low of $25.72 and a 1 year high of $26.15. The firm’s 50-day moving average is $25.90 and its 200-day moving average is $25.99.

Capital Group Short Duration Income ETF Increases Dividend

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

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.