Benjamin Edwards Inc. Has $4.80 Million Stock Holdings in Capital Group Short Duration Income ETF $CGSD

Benjamin Edwards Inc. grew its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 27.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 184,816 shares of the company’s stock after buying an additional 39,561 shares during the period. Benjamin Edwards Inc. owned 0.29% of Capital Group Short Duration Income ETF worth $4,801,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in shares of Capital Group Short Duration Income ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,035,466 shares of the company’s stock worth $26,855,000 after buying an additional 182,154 shares during the period. Freestate Advisors LLC lifted its holdings in Capital Group Short Duration Income ETF by 79.9% in the third quarter. Freestate Advisors LLC now owns 51,922 shares of the company’s stock valued at $1,349,000 after buying an additional 23,068 shares during the period. Janney Montgomery Scott LLC boosted its position in Capital Group Short Duration Income ETF by 14.5% during the second quarter. Janney Montgomery Scott LLC now owns 22,826 shares of the company’s stock valued at $592,000 after acquiring an additional 2,882 shares during the last quarter. Bridgewealth Advisory Group LLC grew its holdings in Capital Group Short Duration Income ETF by 3.3% during the 3rd quarter. Bridgewealth Advisory Group LLC now owns 813,953 shares of the company’s stock worth $21,146,000 after acquiring an additional 25,973 shares during the period. Finally, Arkadios Wealth Advisors bought a new position in shares of Capital Group Short Duration Income ETF in the 2nd quarter worth about $214,000.

Capital Group Short Duration Income ETF Trading Down 0.0%

Shares of CGSD stock opened at $26.02 on Friday. Capital Group Short Duration Income ETF has a fifty-two week low of $25.58 and a fifty-two week high of $26.14. The stock has a 50 day simple moving average of $26.02 and a two-hundred day simple moving average of $26.01.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a dividend of $0.1208 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Wednesday, December 24th. This is a boost from Capital Group Short Duration Income ETF’s previous monthly dividend of $0.08.

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.