Clearwave Capital LLC acquired a new stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) during the fourth quarter, Holdings Channel reports. The fund acquired 37,207 shares of the company’s stock, valued at approximately $968,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC acquired a new stake in Capital Group Short Duration Income ETF during the fourth quarter worth about $28,000. Birchwood Financial Partners Inc. acquired a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter worth about $32,000. Central Pacific Bank Trust Division acquired a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter worth about $36,000. MAI Capital Management purchased a new stake in Capital Group Short Duration Income ETF in the 3rd quarter valued at about $40,000. Finally, IFP Advisors Inc raised its holdings in Capital Group Short Duration Income ETF by 102.4% in the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock valued at $46,000 after buying an additional 900 shares during the period.
Capital Group Short Duration Income ETF Price Performance
NYSEARCA CGSD opened at $25.75 on Friday. The firm’s 50-day moving average is $25.82 and its two-hundred day moving average is $25.94. Capital Group Short Duration Income ETF has a 12 month low of $25.70 and a 12 month high of $26.15.
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.
Recommended Stories
- Five stocks we like better than Capital Group Short Duration Income ETF
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding CGSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report).
Receive News & Ratings for Capital Group Short Duration Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Short Duration Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
