Capital Planning LLC Invests $3.08 Million in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Capital Planning LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 112,836 shares of the company’s stock, valued at approximately $3,078,000.

A number of other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth approximately $31,000. NBC Securities Inc. purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth approximately $34,000. Olistico Wealth LLC lifted its position in Capital Group U.S. Multi-Sector Income ETF by 149.5% during the third quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock worth $38,000 after buying an additional 822 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth approximately $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth approximately $51,000.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.1 %

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.35 on Friday. Capital Group U.S. Multi-Sector Income ETF has a one year low of $26.49 and a one year high of $28.00. The business’s 50 day moving average price is $27.43 and its 200 day moving average price is $27.50.

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

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were given a $0.127 dividend. The ex-dividend date was Friday, November 29th. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11.

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.