Souders Financial Advisors increased its holdings in the Capital Group Short Duration Income ETF (NYSEARCA: CGSD) by 9.1% in the third quarter. The firm added 36,227 shares, bringing its total ownership to 434,745 shares, according to its latest SEC filing.
This move reflects an adjustment in the investment portfolio of Souders Financial Advisors during the recent quarter.
**Why this matters**
Changes in institutional holdings can signal shifts in market sentiment or strategy regarding specific ETFs. Monitoring such transactions helps investors understand how professional managers are positioning themselves in response to market conditions.
Source: NewsData