Capital Group Short Duration Income ETF $CGSD Shares Purchased by World Investment Advisors

World Investment Advisors boosted its stake in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 46.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in CGSD. Financial Management Network Inc. boosted its holdings in Capital Group Short Duration Income ETF by 16.1% in the fourth quarter. Financial Management Network Inc. now owns 270,202 shares of the company’s stock valued at $7,023,000 after acquiring an additional 37,435 shares during the last quarter. Lodestone Wealth Management LLC increased its stake in Capital Group Short Duration Income ETF by 27.1% during the fourth quarter. Lodestone Wealth Management LLC now owns 235,176 shares of the company’s stock worth $6,117,000 after acquiring an additional 50,146 shares during the last quarter. Landaas & Co. WI ADV increased its stake in Capital Group Short Duration Income ETF by 118.3% during the fourth quarter. Landaas & Co. WI ADV now owns 541,876 shares of the company’s stock worth $14,094,000 after acquiring an additional 293,652 shares during the last quarter. Petredis Investment Advisors LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 21.2% in the 4th quarter. Petredis Investment Advisors LLC now owns 209,731 shares of the company’s stock worth $5,455,000 after purchasing an additional 36,616 shares during the period. Finally, Merit Financial Group LLC raised its holdings in shares of Capital Group Short Duration Income ETF by 4.8% in the 4th quarter. Merit Financial Group LLC now owns 1,910,928 shares of the company’s stock worth $49,703,000 after purchasing an additional 88,085 shares during the period.

Capital Group Short Duration Income ETF Stock Performance

Shares of NYSEARCA:CGSD opened at $25.75 on Friday. Capital Group Short Duration Income ETF has a 1 year low of $25.70 and a 1 year high of $26.15. The stock has a 50-day simple moving average of $25.82 and a 200-day simple moving average of $25.94.

About Capital Group Short Duration Income ETF

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.