Astoria Portfolio Advisors LLC. Buys New Shares in Capital Group Short Duration Municipal Income ETF $CGSM

Astoria Portfolio Advisors LLC. purchased a new position in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,988 shares of the company’s stock, valued at approximately $506,000.

A number of other large investors have also bought and sold shares of CGSM. Landaas & Co. WI ADV grew its position in Capital Group Short Duration Municipal Income ETF by 230.7% in the 4th quarter. Landaas & Co. WI ADV now owns 31,220 shares of the company’s stock worth $822,000 after purchasing an additional 21,779 shares in the last quarter. Hartmann Taylor Wealth Management LLC lifted its position in shares of Capital Group Short Duration Municipal Income ETF by 14.4% during the 4th quarter. Hartmann Taylor Wealth Management LLC now owns 164,791 shares of the company’s stock worth $4,341,000 after buying an additional 20,694 shares in the last quarter. Cauble & Harre Wealth Management Inc. purchased a new position in shares of Capital Group Short Duration Municipal Income ETF in the 4th quarter worth approximately $2,040,000. Tribridge Partners Financial LLC boosted its stake in shares of Capital Group Short Duration Municipal Income ETF by 60.0% in the 4th quarter. Tribridge Partners Financial LLC now owns 73,017 shares of the company’s stock worth $1,923,000 after buying an additional 27,389 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. bought a new position in shares of Capital Group Short Duration Municipal Income ETF in the fourth quarter valued at approximately $3,177,000.

Capital Group Short Duration Municipal Income ETF Stock Up 0.0%

CGSM stock opened at $26.37 on Friday. The business has a 50 day moving average of $26.35 and a 200-day moving average of $26.42. Capital Group Short Duration Municipal Income ETF has a 12-month low of $26.03 and a 12-month high of $26.68.

Capital Group Short Duration Municipal Income ETF 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.