Capital Group Short Duration Income ETF (NYSEARCA:CGSD) is McIlrath & Eck LLC’s 8th Largest Position

McIlrath & Eck LLC reduced its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 3.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,252,015 shares of the company’s stock after selling 39,062 shares during the period. Capital Group Short Duration Income ETF makes up approximately 4.2% of McIlrath & Eck LLC’s portfolio, making the stock its 8th largest position. McIlrath & Eck LLC owned about 0.07% of Capital Group Short Duration Income ETF worth $32,440,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its position in shares of Capital Group Short Duration Income ETF by 227.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 56,073 shares of the company’s stock valued at $1,425,000 after purchasing an additional 38,937 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of Capital Group Short Duration Income ETF by 35.6% during the second quarter. Private Advisor Group LLC now owns 34,621 shares of the company’s stock worth $880,000 after buying an additional 9,083 shares in the last quarter. Western Wealth Management LLC raised its position in shares of Capital Group Short Duration Income ETF by 25.9% in the second quarter. Western Wealth Management LLC now owns 28,573 shares of the company’s stock valued at $726,000 after buying an additional 5,884 shares during the last quarter. Atria Wealth Solutions Inc. boosted its position in Capital Group Short Duration Income ETF by 133.3% during the second quarter. Atria Wealth Solutions Inc. now owns 74,003 shares of the company’s stock worth $1,880,000 after acquiring an additional 42,279 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC purchased a new stake in Capital Group Short Duration Income ETF in the 2nd quarter worth approximately $898,000.

Capital Group Short Duration Income ETF Stock Performance

CGSD stock opened at $25.75 on Wednesday. Capital Group Short Duration Income ETF has a 52-week low of $25.06 and a 52-week high of $26.01. The stock’s fifty day simple moving average is $25.73 and its 200-day simple moving average is $25.68.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were issued a dividend of $0.0902 per share. This is a positive change from Capital Group Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date was Friday, November 29th.

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.