Peterson Wealth Advisors LLC Purchases 679 Shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM)

Peterson Wealth Advisors LLC grew its position in Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 6.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,774 shares of the company’s stock after purchasing an additional 679 shares during the quarter. Peterson Wealth Advisors LLC’s holdings in Capital Group Short Duration Municipal Income ETF were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its holdings in Capital Group Short Duration Municipal Income ETF by 20.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 43,829 shares of the company’s stock worth $1,127,000 after buying an additional 7,314 shares during the period. Private Advisor Group LLC purchased a new stake in shares of Capital Group Short Duration Municipal Income ETF in the first quarter worth about $998,000. Capital International Investors boosted its stake in Capital Group Short Duration Municipal Income ETF by 20.0% during the first quarter. Capital International Investors now owns 798,000 shares of the company’s stock valued at $20,517,000 after buying an additional 133,000 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Capital Group Short Duration Municipal Income ETF during the 2nd quarter valued at approximately $1,293,000. Finally, Concourse Financial Group Securities Inc. bought a new stake in Capital Group Short Duration Municipal Income ETF in the 2nd quarter worth approximately $535,000.

Capital Group Short Duration Municipal Income ETF Trading Up 0.1 %

NYSEARCA CGSM opened at $26.14 on Monday. The stock has a 50 day moving average price of $26.22 and a 200-day moving average price of $25.96. Capital Group Short Duration Municipal Income ETF has a one year low of $24.99 and a one year high of $26.34.

Capital Group Short Duration Municipal Income ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were paid a $0.0269 dividend. The ex-dividend date was Wednesday, July 31st.

Capital Group Short Duration Municipal Income ETF Company Profile

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.