Wood Tarver Financial Group LLC Acquires 35,400 Shares of Capital Group Short Duration Income ETF $CGSD

Wood Tarver Financial Group LLC boosted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 20.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 205,510 shares of the company’s stock after acquiring an additional 35,400 shares during the quarter. Capital Group Short Duration Income ETF makes up approximately 1.6% of Wood Tarver Financial Group LLC’s holdings, making the stock its 15th biggest holding. Wood Tarver Financial Group LLC owned about 0.31% of Capital Group Short Duration Income ETF worth $5,339,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Benjamin Edwards Inc. increased its holdings in shares of Capital Group Short Duration Income ETF by 27.2% in the third quarter. Benjamin Edwards Inc. now owns 184,816 shares of the company’s stock valued at $4,801,000 after purchasing an additional 39,561 shares in the last quarter. Freestate Advisors LLC lifted its holdings in Capital Group Short Duration Income ETF by 79.9% during the 3rd quarter. Freestate Advisors LLC now owns 51,922 shares of the company’s stock worth $1,349,000 after buying an additional 23,068 shares in the last quarter. Cetera Investment Advisers boosted its position in Capital Group Short Duration Income ETF by 21.2% in the 2nd quarter. Cetera Investment Advisers now owns 1,839,269 shares of the company’s stock valued at $47,701,000 after buying an additional 321,670 shares during the last quarter. Bridgewealth Advisory Group LLC increased its stake in shares of Capital Group Short Duration Income ETF by 3.3% in the 3rd quarter. Bridgewealth Advisory Group LLC now owns 813,953 shares of the company’s stock valued at $21,146,000 after buying an additional 25,973 shares during the period. Finally, Petredis Investment Advisors LLC increased its stake in shares of Capital Group Short Duration Income ETF by 46.1% in the 3rd quarter. Petredis Investment Advisors LLC now owns 173,115 shares of the company’s stock valued at $4,498,000 after buying an additional 54,633 shares during the period.

Capital Group Short Duration Income ETF Stock Performance

CGSD stock opened at $25.89 on Friday. Capital Group Short Duration Income ETF has a twelve month low of $25.62 and a twelve month high of $26.15. The business has a fifty day moving average of $26.05 and a 200-day moving average of $26.04.

Capital Group Short Duration Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a $0.0856 dividend. The ex-dividend date was Friday, February 27th. This is a positive change from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Capital Group Short Duration Income ETF 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.