Atria Investments Inc Lowers Stock Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Atria Investments Inc lowered its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 3.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,852 shares of the company’s stock after selling 1,372 shares during the quarter. Atria Investments Inc owned about 0.15% of Capital Group U.S. Multi-Sector Income ETF worth $1,109,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Transcendent Capital Group LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the second quarter worth about $32,000. NBC Securities Inc. acquired a new stake in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at about $34,000. Olistico Wealth LLC lifted its position in Capital Group U.S. Multi-Sector Income ETF by 149.5% in the third quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock valued at $38,000 after purchasing an additional 822 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at about $50,000. Finally, Comerica Bank lifted its position in Capital Group U.S. Multi-Sector Income ETF by 250.0% in the first quarter. Comerica Bank now owns 2,100 shares of the company’s stock valued at $57,000 after purchasing an additional 1,500 shares during the period.

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

Shares of NYSEARCA:CGMS opened at $27.40 on Friday. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $25.91 and a 52 week high of $28.00. The company has a 50-day moving average price of $27.66 and a 200 day moving average price of $27.37.

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

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders 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.