Atria Wealth Solutions Inc. Has $1.01 Million Position in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM)

Atria Wealth Solutions Inc. grew its position in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 29.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,712 shares of the company’s stock after acquiring an additional 8,861 shares during the period. Atria Wealth Solutions Inc. owned about 1.94% of Capital Group Short Duration Municipal Income ETF worth $1,005,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. PUREfi Wealth LLC bought a new position in Capital Group Short Duration Municipal Income ETF during the fourth quarter worth about $12,204,000. MML Investors Services LLC acquired a new stake in shares of Capital Group Short Duration Municipal Income ETF in the third quarter valued at approximately $5,092,000. Janney Montgomery Scott LLC bought a new position in shares of Capital Group Short Duration Municipal Income ETF during the 3rd quarter worth approximately $2,180,000. Private Advisor Group LLC increased its holdings in shares of Capital Group Short Duration Municipal Income ETF by 168.8% during the 3rd quarter. Private Advisor Group LLC now owns 123,579 shares of the company’s stock worth $3,245,000 after acquiring an additional 77,611 shares during the last quarter. Finally, Orion Portfolio Solutions LLC bought a new stake in Capital Group Short Duration Municipal Income ETF in the 3rd quarter valued at $1,943,000.

Capital Group Short Duration Municipal Income ETF Stock Down 0.0 %

CGSM stock opened at $26.17 on Tuesday. Capital Group Short Duration Municipal Income ETF has a one year low of $25.54 and a one year high of $26.34. The company has a fifty day moving average price of $26.04 and a two-hundred day moving average price of $26.13.

Capital Group Short Duration Municipal Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a dividend of $0.0505 per share. The ex-dividend date was Friday, January 31st.

About Capital Group Short Duration Municipal Income ETF

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.