Strategic Family Wealth Counselors L.L.C. Acquires 27,205 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Strategic Family Wealth Counselors L.L.C. lifted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 17.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 183,258 shares of the company’s stock after buying an additional 27,205 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF makes up about 1.4% of Strategic Family Wealth Counselors L.L.C.’s portfolio, making the stock its 23rd biggest position. Strategic Family Wealth Counselors L.L.C.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $5,062,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter valued at $143,000. PNC Financial Services Group Inc. purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the first quarter valued at $27,000. AlphaCore Capital LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the first quarter worth about $1,105,000. Benjamin Edwards Inc. increased its stake in Capital Group U.S. Multi-Sector Income ETF by 15.4% in the 1st quarter. Benjamin Edwards Inc. now owns 381,141 shares of the company’s stock worth $10,405,000 after buying an additional 50,812 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 14.0% during the 1st quarter. HighTower Advisors LLC now owns 11,184 shares of the company’s stock valued at $305,000 after buying an additional 1,376 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Price Performance

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.71 on Friday. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 10.71 and a beta of 0.34. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.08 and a 1 year high of $28.08. The firm has a 50-day moving average of $27.74 and a two-hundred day moving average of $27.63.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 28th were paid a $0.1266 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a c) annualized dividend and a yield of 5.5%.

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.