MML Investors Services LLC Purchases 17,487 Shares of Capital Group Short Duration Income ETF (NYSEARCA:CGSD)

MML Investors Services LLC increased its holdings in Capital Group Short Duration Income ETF (NYSEARCA:CGSD) by 8.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,469 shares of the company’s stock after purchasing an additional 17,487 shares during the quarter. MML Investors Services LLC owned approximately 1.22% of Capital Group Short Duration Income ETF worth $5,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC raised its stake in Capital Group Short Duration Income ETF by 3,096.7% in the third quarter. International Assets Investment Management LLC now owns 3,587,209 shares of the company’s stock worth $929,450,000 after buying an additional 3,474,992 shares in the last quarter. Beta Wealth Group Inc. purchased a new position in Capital Group Short Duration Income ETF during the 3rd quarter valued at about $7,465,000. Great Valley Advisor Group Inc. purchased a new stake in Capital Group Short Duration Income ETF in the third quarter worth about $6,509,000. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Short Duration Income ETF by 14.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,470,612 shares of the company’s stock worth $38,104,000 after purchasing an additional 182,046 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Capital Group Short Duration Income ETF by 888.0% in the third quarter. Captrust Financial Advisors now owns 191,986 shares of the company’s stock worth $4,974,000 after acquiring an additional 172,554 shares during the last quarter.

Capital Group Short Duration Income ETF Trading Up 0.0 %

NYSEARCA:CGSD opened at $25.75 on Friday. The company’s 50 day moving average price is $25.73 and its 200-day moving average price is $25.68. Capital Group Short Duration Income ETF has a 52 week low of $25.06 and a 52 week high of $26.01.

Capital Group Short Duration Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were given a $0.0902 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is an increase from Capital Group Short Duration Income ETF’s previous dividend of $0.08.

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.