World Investment Advisors Increases Stock Position in Capital Group Short Duration Income ETF $CGSD

World Investment Advisors increased its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 54.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 145,523 shares of the company’s stock after buying an additional 51,160 shares during the period. World Investment Advisors owned 0.17% of Capital Group Short Duration Income ETF worth $3,753,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Flagship Harbor Advisors LLC bought a new stake in Capital Group Short Duration Income ETF during the 4th quarter valued at $28,000. Birchwood Financial Partners Inc. bought a new position in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $32,000. Central Pacific Bank Trust Division bought a new position in shares of Capital Group Short Duration Income ETF in the fourth quarter worth $36,000. Sound Income Strategies LLC purchased a new position in shares of Capital Group Short Duration Income ETF in the first quarter valued at $39,000. Finally, IFP Advisors Inc grew its position in shares of Capital Group Short Duration Income ETF by 102.4% in the third quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock valued at $46,000 after purchasing an additional 900 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Performance

NYSEARCA:CGSD opened at $25.74 on Monday. Capital Group Short Duration Income ETF has a 52-week low of $25.70 and a 52-week high of $26.15. The business’s fifty day moving average is $25.79 and its 200 day moving average is $25.92.

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. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.