Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Shares Purchased by Stifel Financial Corp

Posted by ABMN Staff on Dec 18th, 2024

Stifel Financial Corp raised its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD – Free Report) by 5.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 127,692 shares of the company’s stock after acquiring an additional 6,871 shares during the quarter. Stifel Financial Corp’s holdings in Capital Group Short Duration Income ETF were worth $3,309,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CGSD. Gateway Wealth Partners LLC acquired a new stake in Capital Group Short Duration Income ETF in the 3rd quarter valued at approximately $220,000. Delta Financial Group Inc. acquired a new position in shares of Capital Group Short Duration Income ETF during the third quarter valued at $239,000. TrueWealth Advisors LLC bought a new stake in shares of Capital Group Short Duration Income ETF during the second quarter valued at about $286,000. Ausdal Financial Partners Inc. bought a new stake in shares of Capital Group Short Duration Income ETF during the second quarter valued at about $365,000. Finally, Raymond James Trust N.A. acquired a new stake in Capital Group Short Duration Income ETF in the third quarter worth about $390,000.

Capital Group Short Duration Income ETF Price Performance

Capital Group Short Duration Income ETF stock opened at $25.73 on Wednesday. Capital Group Short Duration Income ETF has a 52 week low of $25.21 and a 52 week high of $26.01. The company’s 50-day moving average price is $25.72 and its two-hundred day moving average price is $25.69.

Capital Group Short Duration Income ETF Increases Dividend

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

Capital Group Short Duration Income ETF Profile

(Free Report)

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.