Raymond James Financial Inc. Buys New Shares in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Raymond James Financial Inc. purchased a new position in shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 543,794 shares of the company’s stock, valued at approximately $13,943,000.

A number of other institutional investors also recently bought and sold shares of the business. DAVENPORT & Co LLC lifted its holdings in Capital Group Short Duration Income ETF by 2.1% during the 4th quarter. DAVENPORT & Co LLC now owns 24,582 shares of the company’s stock worth $630,000 after buying an additional 515 shares during the last quarter. Bleakley Financial Group LLC lifted its holdings in Capital Group Short Duration Income ETF by 2.8% during the 4th quarter. Bleakley Financial Group LLC now owns 48,628 shares of the company’s stock worth $1,247,000 after buying an additional 1,345 shares during the last quarter. Rothschild Investment LLC lifted its holdings in Capital Group Short Duration Income ETF by 0.9% during the 4th quarter. Rothschild Investment LLC now owns 164,930 shares of the company’s stock worth $4,229,000 after buying an additional 1,452 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Capital Group Short Duration Income ETF by 9.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,123 shares of the company’s stock worth $413,000 after buying an additional 1,459 shares during the last quarter. Finally, Delta Financial Group Inc. lifted its holdings in Capital Group Short Duration Income ETF by 20.6% during the 4th quarter. Delta Financial Group Inc. now owns 11,145 shares of the company’s stock worth $286,000 after buying an additional 1,902 shares during the last quarter.

Capital Group Short Duration Income ETF Price Performance

Shares of NYSEARCA CGSD opened at $25.81 on Wednesday. The business has a 50-day moving average of $25.75 and a two-hundred day moving average of $25.76. Capital Group Short Duration Income ETF has a 1 year low of $25.21 and a 1 year high of $26.02.

Capital Group Short Duration Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were given a dividend of $0.0778 per share. The ex-dividend date of this dividend was Friday, January 31st.

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.