Freestate Advisors LLC Has $1.35 Million Position in Capital Group Short Duration Income ETF $CGSD

Freestate Advisors LLC grew its stake in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 79.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,922 shares of the company’s stock after acquiring an additional 23,068 shares during the quarter. Capital Group Short Duration Income ETF accounts for 1.1% of Freestate Advisors LLC’s holdings, making the stock its 14th biggest position. Freestate Advisors LLC owned 0.08% of Capital Group Short Duration Income ETF worth $1,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE acquired a new position in Capital Group Short Duration Income ETF during the second quarter valued at approximately $49,000. Signature Resources Capital Management LLC boosted its position in shares of Capital Group Short Duration Income ETF by 197.4% during the second quarter. Signature Resources Capital Management LLC now owns 2,284 shares of the company’s stock worth $59,000 after purchasing an additional 1,516 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of Capital Group Short Duration Income ETF by 173.8% in the 2nd quarter. Private Trust Co. NA now owns 2,738 shares of the company’s stock valued at $71,000 after buying an additional 1,738 shares during the period. Cullen Frost Bankers Inc. grew its holdings in shares of Capital Group Short Duration Income ETF by 51.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,056 shares of the company’s stock valued at $105,000 after buying an additional 1,376 shares during the period. Finally, Comerica Bank increased its position in shares of Capital Group Short Duration Income ETF by 762.0% in the 1st quarter. Comerica Bank now owns 6,663 shares of the company’s stock valued at $172,000 after buying an additional 5,890 shares in the last quarter.

Capital Group Short Duration Income ETF Stock Up 0.0%

Shares of Capital Group Short Duration Income ETF stock opened at $26.07 on Wednesday. The stock’s fifty day simple moving average is $26.03 and its 200 day simple moving average is $25.98. Capital Group Short Duration Income ETF has a 12 month low of $25.55 and a 12 month high of $26.14.

Capital Group Short Duration Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 28th were issued a dividend of $0.0821 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, November 28th.

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.