Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) Shares Purchased by Keeler & Nadler Financial Planning & Wealth Management

Keeler & Nadler Financial Planning & Wealth Management boosted its holdings in shares of Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) by 64.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 33,467 shares of the company’s stock after buying an additional 13,116 shares during the period. Keeler & Nadler Financial Planning & Wealth Management’s holdings in Capital Group Short Duration Municipal Income ETF were worth $869,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new stake in shares of Capital Group Short Duration Municipal Income ETF in the third quarter valued at $35,000. Benjamin F. Edwards & Company Inc. increased its holdings in Capital Group Short Duration Municipal Income ETF by 19.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 3,831 shares of the company’s stock worth $99,000 after purchasing an additional 619 shares during the period. AdvisorNet Financial Inc raised its position in Capital Group Short Duration Municipal Income ETF by 20.5% in the 4th quarter. AdvisorNet Financial Inc now owns 4,733 shares of the company’s stock valued at $123,000 after purchasing an additional 805 shares in the last quarter. Continental Investors Services Inc. acquired a new position in shares of Capital Group Short Duration Municipal Income ETF during the third quarter worth about $219,000. Finally, Smith Thornton Advisors LLC purchased a new stake in shares of Capital Group Short Duration Municipal Income ETF during the second quarter worth approximately $250,000.

Capital Group Short Duration Municipal Income ETF Trading Up 0.1 %

Shares of Capital Group Short Duration Municipal Income ETF stock opened at $25.95 on Thursday. Capital Group Short Duration Municipal Income ETF has a 52-week low of $25.54 and a 52-week high of $26.34. The company has a 50 day moving average of $26.08 and a 200 day moving average of $26.11.

Capital Group Short Duration Municipal Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a $0.0608 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is a positive change from Capital Group Short Duration Municipal Income ETF’s previous dividend of $0.03.

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.