Regatta Capital Group LLC Has $21.52 Million Stock Holdings in Capital Group U.S. Multi-Sector Income ETF $CGMS

Regatta Capital Group LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 6,655.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 779,270 shares of the company’s stock after buying an additional 767,735 shares during the period. Capital Group U.S. Multi-Sector Income ETF accounts for about 3.3% of Regatta Capital Group LLC’s portfolio, making the stock its 8th largest holding. Regatta Capital Group LLC owned about 0.54% of Capital Group U.S. Multi-Sector Income ETF worth $21,523,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Marshall & Sterling Wealth Advisors Inc. grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 81.7% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 1,061 shares of the company’s stock valued at $29,000 after acquiring an additional 477 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth about $53,000. Olistico Wealth LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter valued at approximately $54,000. HHM Wealth Advisors LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at approximately $59,000. Finally, Cape Investment Advisory Inc. grew its stake in Capital Group U.S. Multi-Sector Income ETF by 422.7% in the third quarter. Cape Investment Advisory Inc. now owns 2,629 shares of the company’s stock valued at $73,000 after purchasing an additional 2,126 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Down 0.7%

NYSEARCA:CGMS opened at $27.11 on Friday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.08 and a twelve month high of $28.08. The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of 10.71 and a beta of 0.34. The stock’s 50 day moving average price is $27.61 and its two-hundred day moving average price is $27.70.

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

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a dividend of $0.1148 per share. The ex-dividend date was Friday, February 27th. This is a positive change from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a yield of 5.1%.

Capital Group U.S. Multi-Sector Income ETF Company 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.