Benjamin Edwards Inc. Acquires 67,992 Shares of Capital Group Short Duration Municipal Income ETF $CGSM

Core Viewpoint - Benjamin Edwards Inc. significantly increased its stake in Capital Group Short Duration Municipal Income ETF by 117.6% in Q3, indicating strong institutional interest in the fund [2]. Institutional Investment Activity - Osaic Holdings Inc. raised its position in the ETF by 32.1% in Q2, now holding 362,187 shares valued at $9,445,000 after acquiring an additional 87,994 shares [3]. - Royal Harbor Partners LLC increased its stake by 53.1% in Q3, owning 103,646 shares valued at $2,732,000 after purchasing 35,962 shares [3]. - Ameritas Advisory Services LLC and StoneX Group Inc. both acquired new positions in Q2, valued at approximately $72,000 and $1,153,000 respectively [3]. - Geneos Wealth Management Inc. also established a new position in Q1 valued at about $777,000 [3]. ETF Performance and Dividends - The Capital Group Short Duration Municipal Income ETF (CGSM) opened at $26.46, with a 50-day moving average of $26.36 and a 200-day moving average of $26.31 [4]. - The ETF has a 12-month low of $25.55 and a high of $26.55 [4]. - The ETF recently increased its monthly dividend to $0.076 per share, up from $0.06, representing an annualized yield of 3.4% [5][6]. Fund Overview - Capital Group Short Duration Municipal Income ETF primarily invests in investment-grade fixed income, focusing on US municipal bonds exempt from federal income tax [7]. - The fund was launched on September 26, 2023, and actively manages a portfolio with an average duration of one year [7].