Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 27.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,074,197 shares of the company’s stock after purchasing an additional 233,265 shares during the quarter. Jones Financial Companies Lllp owned 0.85% of Capital Group U.S. Multi-Sector Income ETF worth $29,906,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of CGMS. Cullen Frost Bankers Inc. boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 28.0% during the third quarter. Cullen Frost Bankers Inc. now owns 155,980 shares of the company’s stock valued at $4,328,000 after buying an additional 34,091 shares in the last quarter. EQ Wealth Advisors LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 8.1% during the 3rd quarter. EQ Wealth Advisors LLC now owns 522,997 shares of the company’s stock worth $14,513,000 after acquiring an additional 39,319 shares in the last quarter. TruWealth Advisors LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 4.8% in the 3rd quarter. TruWealth Advisors LLC now owns 731,665 shares of the company’s stock worth $20,304,000 after acquiring an additional 33,718 shares during the last quarter. Centennial Wealth Advisory LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 53.5% during the third quarter. Centennial Wealth Advisory LLC now owns 224,265 shares of the company’s stock valued at $6,223,000 after purchasing an additional 78,204 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 19.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 145,898 shares of the company’s stock valued at $4,030,000 after purchasing an additional 24,055 shares during the period.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.0%

CGMS stock opened at $27.66 on Wednesday. The firm has a 50-day moving average of $27.71 and a two-hundred day moving average of $27.73. The firm has a market capitalization of $4.18 billion, a PE ratio of 10.71 and a beta of 0.34. Capital Group U.S. Multi-Sector Income ETF has a one year low of $26.08 and a one year high of $28.08.

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

The firm also recently announced a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were paid a dividend of $0.1114 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Friday, January 30th.

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