Great Valley Advisor Group Inc. Takes $6.51 Million Position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

Great Valley Advisor Group Inc. acquired a new position in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 251,230 shares of the company’s stock, valued at approximately $6,509,000.

Several other large investors have also modified their holdings of CGSD. Gateway Wealth Partners LLC purchased a new position in Capital Group Short Duration Income ETF during the third quarter valued at approximately $220,000. Delta Financial Group Inc. bought a new position in Capital Group Short Duration Income ETF in the third quarter worth about $239,000. TrueWealth Advisors LLC bought a new position in Capital Group Short Duration Income ETF in the second quarter worth about $286,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Capital Group Short Duration Income ETF during the second quarter valued at about $365,000. Finally, Raymond James Trust N.A. bought a new position in shares of Capital Group Short Duration Income ETF during the 3rd quarter worth approximately $390,000.

Capital Group Short Duration Income ETF Stock Performance

Shares of CGSD opened at $25.67 on Friday. The company has a 50 day moving average of $25.79 and a two-hundred day moving average of $25.65. Capital Group Short Duration Income ETF has a twelve month low of $25.06 and a twelve month high of $26.01.

Capital Group Short Duration Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were given a $0.083 dividend. The ex-dividend date of this dividend was Friday, September 27th.

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.