Janney Montgomery Scott LLC Increases Holdings in Capital Group Short Duration Income ETF $CGSD

Janney Montgomery Scott LLC increased its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 49.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 79,918 shares of the company’s stock after purchasing an additional 26,545 shares during the period. Janney Montgomery Scott LLC owned 0.10% of Capital Group Short Duration Income ETF worth $2,061,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CGSD. Wood Tarver Financial Group LLC raised its stake in shares of Capital Group Short Duration Income ETF by 569.7% in the 4th quarter. Wood Tarver Financial Group LLC now owns 1,376,244 shares of the company’s stock valued at $35,796,000 after acquiring an additional 1,170,734 shares during the period. LPL Financial LLC boosted its position in shares of Capital Group Short Duration Income ETF by 22.5% during the 4th quarter. LPL Financial LLC now owns 6,235,706 shares of the company’s stock worth $162,191,000 after purchasing an additional 1,145,248 shares during the period. Wells Fargo & Company MN boosted its position in shares of Capital Group Short Duration Income ETF by 55.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,731,920 shares of the company’s stock worth $45,047,000 after purchasing an additional 615,309 shares during the period. Thayer Financial L.L.C. purchased a new position in shares of Capital Group Short Duration Income ETF during the 4th quarter worth approximately $10,735,000. Finally, Susquehanna International Group LLP acquired a new stake in Capital Group Short Duration Income ETF in the 3rd quarter valued at approximately $10,536,000.

Capital Group Short Duration Income ETF Stock Performance

NYSEARCA:CGSD opened at $25.73 on Friday. The stock’s fifty day moving average is $25.78 and its two-hundred day moving average is $25.91. Capital Group Short Duration Income ETF has a 52 week low of $25.69 and a 52 week high of $26.15.

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.