Von Berge Wealth Management Group LLC Has $1.76 Million Holdings in Capital Group U.S. Multi-Sector Income ETF $CGMS

Von Berge Wealth Management Group LLC boosted its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 44.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,478 shares of the company’s stock after buying an additional 19,478 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF makes up about 1.0% of Von Berge Wealth Management Group LLC’s holdings, making the stock its 23rd biggest position. Von Berge Wealth Management Group LLC owned about 0.06% of Capital Group U.S. Multi-Sector Income ETF worth $1,756,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CGMS. PNC Financial Services Group Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter valued at $27,000. Calton & Associates Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter valued at $32,000. NBC Securities Inc. grew its stake in Capital Group U.S. Multi-Sector Income ETF by 122,900.0% in the 1st quarter. NBC Securities Inc. now owns 1,230 shares of the company’s stock valued at $33,000 after buying an additional 1,229 shares during the last quarter. ORG Partners LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter valued at $41,000. Finally, Vermillion & White Wealth Management Group LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter valued at $85,000.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.3%

NYSEARCA:CGMS opened at $27.64 on Friday. The firm has a market capitalization of $3.38 billion, a PE ratio of 10.71 and a beta of 0.40. The firm’s fifty day simple moving average is $27.78 and its 200 day simple moving average is $27.41. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.08 and a 1 year high of $28.08.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were given a $0.1306 dividend. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date was Monday, September 29th.

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

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.