Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 186.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,956 shares of the company’s stock after acquiring an additional 80,052 shares during the period. Stratos Wealth Partners LTD. owned about 0.10% of Capital Group U.S. Multi-Sector Income ETF worth $3,412,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Financial Perspectives Inc raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 59.6% during the 2nd quarter. Financial Perspectives Inc now owns 1,853 shares of the company’s stock worth $51,000 after buying an additional 692 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at $53,000. HHM Wealth Advisors LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the third quarter worth $59,000. IFP Advisors Inc grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 38.3% in the second quarter. IFP Advisors Inc now owns 4,091 shares of the company’s stock valued at $113,000 after purchasing an additional 1,132 shares during the period. Finally, Sagespring Wealth Partners LLC purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the second quarter valued at approximately $204,000.

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

Shares of CGMS opened at $27.79 on Friday. The firm has a market cap of $4.20 billion, a PE ratio of 10.71 and a beta of 0.34. The company’s fifty day moving average is $27.71 and its two-hundred day moving average is $27.74. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.08 and a fifty-two week high of $28.08.

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

The company also recently declared a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were paid a dividend of $0.1114 per share. The ex-dividend date was Friday, January 30th. This represents a c) annualized dividend and a yield of 4.8%.

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.