Capital International Investors Decreases Holdings in Capital Group Ultra Short Income ETF $CGUI

Capital International Investors trimmed its stake in Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) by 47.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,000 shares of the company’s stock after selling 67,000 shares during the quarter. Capital International Investors owned approximately 1.88% of Capital Group Ultra Short Income ETF worth $1,897,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGUI. Captrust Financial Advisors lifted its position in shares of Capital Group Ultra Short Income ETF by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 66,856 shares of the company’s stock valued at $1,687,000 after buying an additional 561 shares during the last quarter. HBW Advisory Services LLC raised its stake in Capital Group Ultra Short Income ETF by 7.9% in the 3rd quarter. HBW Advisory Services LLC now owns 15,100 shares of the company’s stock valued at $382,000 after acquiring an additional 1,100 shares during the period. EverSource Wealth Advisors LLC bought a new stake in Capital Group Ultra Short Income ETF in the 3rd quarter valued at about $30,000. Rothschild Investment LLC purchased a new stake in Capital Group Ultra Short Income ETF during the second quarter valued at about $71,000. Finally, Envestnet Asset Management Inc. lifted its holdings in Capital Group Ultra Short Income ETF by 8.0% during the third quarter. Envestnet Asset Management Inc. now owns 40,174 shares of the company’s stock valued at $1,016,000 after purchasing an additional 2,988 shares during the last quarter.

Capital Group Ultra Short Income ETF Stock Down 0.1%

CGUI opened at $25.32 on Friday. The company has a 50 day moving average of $25.36 and a 200 day moving average of $25.34. Capital Group Ultra Short Income ETF has a 12 month low of $25.16 and a 12 month high of $25.41.

Capital Group Ultra Short Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were paid a $0.0799 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is an increase from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.07.

Capital Group Ultra Short Income ETF Profile

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.