6,905 Shares in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Acquired by Cwm LLC

Cwm LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,905 shares of the company’s stock, valued at approximately $192,000.

Other large investors also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter valued at about $32,000. Olistico Wealth LLC lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 149.5% in the 3rd quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock worth $38,000 after purchasing an additional 822 shares during the last quarter. Comerica Bank boosted its position in Capital Group U.S. Multi-Sector Income ETF by 250.0% during the first quarter. Comerica Bank now owns 2,100 shares of the company’s stock worth $57,000 after purchasing an additional 1,500 shares during the period. FinTrust Capital Advisors LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 1,221.6% during the first quarter. FinTrust Capital Advisors LLC now owns 3,000 shares of the company’s stock valued at $81,000 after purchasing an additional 2,773 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the second quarter valued at approximately $109,000.

Capital Group U.S. Multi-Sector Income ETF Stock Performance

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.48 on Thursday. The firm has a fifty day simple moving average of $27.72 and a 200-day simple moving average of $27.28. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $25.07 and a 1-year high of $28.00.

Capital Group U.S. Multi-Sector Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were given a dividend of $0.1076 per share. The ex-dividend date of this dividend was Friday, September 27th.

Capital Group U.S. Multi-Sector Income ETF Profile

The Capital Group U.S. Multi-Sector Income ETF (CGMS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income from an actively managed fund of US corporate debts with varying maturities and credit quality. CGMS was launched on Oct 25, 2022 and is managed by Capital Group.