VisionPoint Advisory Group LLC Acquires Shares of 2,162 Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

VisionPoint Advisory Group LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,162 shares of the company’s stock, valued at approximately $59,000.

Other institutional investors have also recently made changes to their positions in the company. Great Valley Advisor Group Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter worth about $46,477,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 58.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock valued at $36,016,000 after buying an additional 479,500 shares during the last quarter. Winch Advisory Services LLC raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 25.4% in the fourth quarter. Winch Advisory Services LLC now owns 719,243 shares of the company’s stock worth $19,621,000 after buying an additional 145,538 shares during the period. Raymond James & Associates lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 12.9% during the 3rd quarter. Raymond James & Associates now owns 645,815 shares of the company’s stock worth $17,979,000 after acquiring an additional 73,931 shares during the last quarter. Finally, TrueWealth Advisors LLC boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 3.2% during the 4th quarter. TrueWealth Advisors LLC now owns 621,840 shares of the company’s stock valued at $16,964,000 after acquiring an additional 19,182 shares during the period.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.0 %

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.57 on Friday. The stock’s fifty day moving average is $27.39 and its two-hundred day moving average is $27.54. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.49 and a 52 week high of $28.00.

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

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