New England Capital Financial Advisors LLC Raises Stock Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

New England Capital Financial Advisors LLC boosted its position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 3.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 198,246 shares of the company’s stock after purchasing an additional 5,998 shares during the quarter. Capital Group Short Duration Income ETF comprises 3.0% of New England Capital Financial Advisors LLC’s holdings, making the stock its 8th biggest position. New England Capital Financial Advisors LLC owned approximately 1.91% of Capital Group Short Duration Income ETF worth $5,045,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA acquired a new position in Capital Group Short Duration Income ETF during the 4th quarter valued at about $25,000. Sigma Planning Corp bought a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth about $221,000. Oppenheimer & Co. Inc. bought a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth about $240,000. Western Wealth Management LLC bought a new stake in shares of Capital Group Short Duration Income ETF during the 4th quarter worth about $274,000. Finally, Private Advisor Group LLC bought a new stake in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth about $276,000.

Capital Group Short Duration Income ETF Stock Up 0.1 %

Shares of CGSD stock traded up $0.03 during midday trading on Tuesday, reaching $25.36. 83,422 shares of the company were exchanged, compared to its average volume of 119,148. Capital Group Short Duration Income ETF has a 12 month low of $24.97 and a 12 month high of $25.75. The company’s 50 day moving average price is $25.40 and its two-hundred day moving average price is $25.36.

Capital Group Short Duration Income ETF 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.