Sigma Planning Corp Sells 19,685 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Sigma Planning Corp lowered its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 53.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,341 shares of the company’s stock after selling 19,685 shares during the period. Sigma Planning Corp owned 0.07% of Capital Group U.S. Multi-Sector Income ETF worth $483,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its position in Capital Group U.S. Multi-Sector Income ETF by 44.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 32,207 shares of the company’s stock valued at $871,000 after acquiring an additional 9,900 shares in the last quarter. Avantax Advisory Services Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the first quarter worth $294,000. Kingsview Wealth Management LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 51.7% in the 1st quarter. Kingsview Wealth Management LLC now owns 15,808 shares of the company’s stock valued at $427,000 after buying an additional 5,388 shares during the last quarter. Comerica Bank lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 250.0% during the 1st quarter. Comerica Bank now owns 2,100 shares of the company’s stock valued at $57,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 613.6% during the 1st quarter. Cetera Investment Advisers now owns 320,165 shares of the company’s stock worth $8,657,000 after acquiring an additional 275,301 shares during the last quarter.

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

Shares of CGMS stock opened at $27.40 on Friday. The firm has a 50-day moving average of $27.66 and a 200-day moving average of $27.36. Capital Group U.S. Multi-Sector Income ETF has a one year low of $25.91 and a one 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.