Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Purchased by PFG Advisors

PFG Advisors increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 51.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 23,761 shares of the company’s stock after buying an additional 8,092 shares during the period. PFG Advisors’ holdings in Capital Group U.S. Multi-Sector Income ETF were worth $648,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Great Valley Advisor Group Inc. bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at approximately $46,477,000. Raymond James Financial Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth approximately $40,790,000. Winch Advisory Services LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 25.4% in the 4th quarter. Winch Advisory Services LLC now owns 719,243 shares of the company’s stock worth $19,621,000 after purchasing an additional 145,538 shares during the period. TrueWealth Advisors LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 3.2% in the 4th quarter. TrueWealth Advisors LLC now owns 621,840 shares of the company’s stock worth $16,964,000 after purchasing an additional 19,182 shares during the period. Finally, Stephens Inc. AR lifted its position in Capital Group U.S. Multi-Sector Income ETF by 10.3% in the 4th quarter. Stephens Inc. AR now owns 605,579 shares of the company’s stock worth $16,520,000 after buying an additional 56,544 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.1 %

CGMS stock opened at $27.35 on Friday. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $26.49 and a 12-month high of $28.00. The company has a market cap of $2.41 billion, a price-to-earnings ratio of 16.63 and a beta of 0.39. The company has a 50 day moving average of $27.45 and a two-hundred day moving average of $27.55.

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

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were given a $0.1089 dividend. The ex-dividend date was Friday, January 31st.

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.