Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Purchased by Vicus Capital

Vicus Capital grew its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMSFree Report) by 13.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,143 shares of the company’s stock after purchasing an additional 35,216 shares during the period. Vicus Capital’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $8,190,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. TruWealth Advisors LLC lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 4.8% in the 3rd quarter. TruWealth Advisors LLC now owns 731,665 shares of the company’s stock worth $20,304,000 after buying an additional 33,718 shares in the last quarter. Centennial Wealth Advisory LLC grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 53.5% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 224,265 shares of the company’s stock worth $6,223,000 after acquiring an additional 78,204 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Capital Group U.S. Multi-Sector Income ETF by 19.7% during the second quarter. Janney Montgomery Scott LLC now owns 145,898 shares of the company’s stock valued at $4,030,000 after purchasing an additional 24,055 shares during the last quarter. IFP Advisors Inc raised its stake in Capital Group U.S. Multi-Sector Income ETF by 38.3% during the second quarter. IFP Advisors Inc now owns 4,091 shares of the company’s stock worth $113,000 after acquiring an additional 1,132 shares during the period. Finally, Sagespring Wealth Partners LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter worth $204,000.

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

Shares of NYSEARCA:CGMS opened at $27.72 on Monday. The firm’s 50 day moving average is $27.67 and its two-hundred day moving average is $27.71. The firm has a market capitalization of $4.00 billion, a P/E ratio of 10.71 and a beta of 0.34. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.08 and a 52 week high of $28.08.

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

The business also recently declared a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a $0.1662 dividend. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.13. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend was Wednesday, December 24th.

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

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

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