Capital Group Short Duration Municipal Income ETF (CGSM)

Market Cap: $452M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

400% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 3

300% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 3

63% more funds holding

Funds holding: 19 [Q1] → 31 (+12) [Q2]

22% less capital invested

Capital invested by funds: $35.6M [Q1] → $27.9M (-$7.74M) [Q2]

23.9% less ownership

Funds ownership: 76.97% [Q1] → 53.07% (-23.9%) [Q2]