MGO One Seven LLC Sells 2,500 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

MGO One Seven LLC trimmed its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 14.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,150 shares of the company’s stock after selling 2,500 shares during the quarter. MGO One Seven LLC owned approximately 0.09% of Capital Group Short Duration Income ETF worth $388,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC grew its stake in Capital Group Short Duration Income ETF by 59.8% in the fourth quarter. LPL Financial LLC now owns 2,158,245 shares of the company’s stock valued at $55,337,000 after purchasing an additional 807,350 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Short Duration Income ETF by 9.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,606,759 shares of the company’s stock worth $41,197,000 after acquiring an additional 136,147 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Short Duration Income ETF by 13.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 558,407 shares of the company’s stock worth $14,318,000 after acquiring an additional 65,465 shares during the period. Raymond James Financial Inc. bought a new position in shares of Capital Group Short Duration Income ETF during the 4th quarter worth approximately $13,943,000. Finally, Souders Financial Advisors boosted its stake in shares of Capital Group Short Duration Income ETF by 16.6% during the 4th quarter. Souders Financial Advisors now owns 313,335 shares of the company’s stock worth $8,034,000 after acquiring an additional 44,628 shares during the period.

Capital Group Short Duration Income ETF Trading Up 0.2 %

Shares of NYSEARCA CGSD opened at $25.93 on Tuesday. Capital Group Short Duration Income ETF has a 12 month low of $25.21 and a 12 month high of $26.02. The stock has a 50 day moving average of $25.82 and a 200-day moving average of $25.74.

Capital Group Short Duration Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were paid a dividend of $0.0943 per share. This is an increase from Capital Group Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, March 28th.

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.