34,958 Shares in Capital Group Short Duration Income ETF $CGSD Bought by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 34,958 shares of the company’s stock, valued at approximately $902,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC acquired a new position in shares of Capital Group Short Duration Income ETF during the fourth quarter valued at $28,000. Birchwood Financial Partners Inc. bought a new position in shares of Capital Group Short Duration Income ETF during the fourth quarter worth about $32,000. Sound Income Strategies LLC acquired a new stake in shares of Capital Group Short Duration Income ETF in the 1st quarter worth about $39,000. IFP Advisors Inc increased its holdings in shares of Capital Group Short Duration Income ETF by 102.4% in the 3rd quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after acquiring an additional 900 shares during the period. Finally, Bank of America Corp DE bought a new stake in Capital Group Short Duration Income ETF in the 2nd quarter valued at about $49,000.

Capital Group Short Duration Income ETF Price Performance

Capital Group Short Duration Income ETF stock opened at $25.68 on Friday. The firm has a 50-day moving average price of $25.76 and a two-hundred day moving average price of $25.89. Capital Group Short Duration Income ETF has a 52-week low of $25.65 and a 52-week high of $26.15.

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.