Capital International Investors Purchases 125,134 Shares of Capital Group Short Duration Municipal Income ETF $CGSM

Capital International Investors grew its stake in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,026,702 shares of the company’s stock after acquiring an additional 125,134 shares during the quarter. Capital International Investors owned about 34.74% of Capital Group Short Duration Municipal Income ETF worth $343,123,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Capital Group Private Client Services Inc. boosted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 20.6% during the 4th quarter. Capital Group Private Client Services Inc. now owns 778,976 shares of the company’s stock valued at $20,518,000 after acquiring an additional 133,075 shares during the last quarter. Greykasell Wealth Strategies Inc. boosted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 99.5% during the 4th quarter. Greykasell Wealth Strategies Inc. now owns 38,486 shares of the company’s stock valued at $1,014,000 after acquiring an additional 19,196 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 99.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 145,281 shares of the company’s stock valued at $3,827,000 after acquiring an additional 72,370 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Capital Group Short Duration Municipal Income ETF by 15.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 29,400 shares of the company’s stock valued at $774,000 after acquiring an additional 3,878 shares during the last quarter. Finally, Natixis Advisors LLC purchased a new stake in shares of Capital Group Short Duration Municipal Income ETF during the 4th quarter valued at about $972,000.

Capital Group Short Duration Municipal Income ETF Price Performance

Shares of NYSEARCA CGSM opened at $26.35 on Monday. The firm’s 50-day moving average price is $26.34 and its 200-day moving average price is $26.42. Capital Group Short Duration Municipal Income ETF has a 52-week low of $25.97 and a 52-week high of $26.68.

Capital Group Short Duration Municipal Income ETF Company Profile

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year. CGSM was launched on Sep 26, 2023 and is issued by Capital Group.