Jones Financial Companies Lllp Buys 243,733 Shares of Capital Group Short Duration Income ETF $CGSD

Jones Financial Companies Lllp boosted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 33.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 982,034 shares of the company’s stock after acquiring an additional 243,733 shares during the period. Jones Financial Companies Lllp owned 1.51% of Capital Group Short Duration Income ETF worth $25,572,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of CGSD. Bank of America Corp DE acquired a new stake in shares of Capital Group Short Duration Income ETF during the 2nd quarter worth approximately $49,000. Private Trust Co. NA boosted its stake in Capital Group Short Duration Income ETF by 173.8% in the second quarter. Private Trust Co. NA now owns 2,738 shares of the company’s stock valued at $71,000 after buying an additional 1,738 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in Capital Group Short Duration Income ETF by 51.3% during the second quarter. Cullen Frost Bankers Inc. now owns 4,056 shares of the company’s stock worth $105,000 after acquiring an additional 1,376 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the 1st quarter valued at approximately $207,000. Finally, Sagespring Wealth Partners LLC acquired a new position in Capital Group Short Duration Income ETF during the 2nd quarter worth approximately $209,000.

Capital Group Short Duration Income ETF Stock Performance

Shares of Capital Group Short Duration Income ETF stock opened at $26.03 on Wednesday. The company’s 50 day moving average price is $26.03 and its two-hundred day moving average price is $26.02. Capital Group Short Duration Income ETF has a fifty-two week low of $25.62 and a fifty-two week high of $26.14.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were issued a dividend of $0.0736 per share. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Friday, January 30th.

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.