World Investment Advisors Has $2.45 Million Stock Position in Capital Group Short Duration Income ETF $CGSD

World Investment Advisors boosted its position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 46.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 94,363 shares of the company’s stock after purchasing an additional 29,812 shares during the period. World Investment Advisors’ holdings in Capital Group Short Duration Income ETF were worth $2,454,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its position in Capital Group Short Duration Income ETF by 5.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 8,092 shares of the company’s stock valued at $210,000 after purchasing an additional 397 shares during the last quarter. DeDora Capital Inc. boosted its position in Capital Group Short Duration Income ETF by 0.5% during the third quarter. DeDora Capital Inc. now owns 78,571 shares of the company’s stock valued at $2,041,000 after purchasing an additional 408 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in Capital Group Short Duration Income ETF by 3.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 13,698 shares of the company’s stock valued at $356,000 after purchasing an additional 504 shares during the last quarter. Ausdal Financial Partners Inc. boosted its position in Capital Group Short Duration Income ETF by 4.1% during the third quarter. Ausdal Financial Partners Inc. now owns 17,402 shares of the company’s stock valued at $452,000 after purchasing an additional 683 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in Capital Group Short Duration Income ETF by 0.7% during the fourth quarter. International Assets Investment Management LLC now owns 126,908 shares of the company’s stock valued at $3,301,000 after purchasing an additional 836 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

CGSD opened at $25.76 on Friday. Capital Group Short Duration Income ETF has a 1 year low of $25.72 and a 1 year high of $26.15. The stock has a fifty day moving average price of $25.87 and a 200 day moving average price of $25.98.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a dividend of $0.0856 per share. This represents a c) annualized dividend and a yield of 4.0%. This is an increase from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th.

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.