Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Acquired by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. lifted its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 9.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,705 shares of the company’s stock after acquiring an additional 2,171 shares during the period. Concourse Financial Group Securities Inc. owned 0.10% of Capital Group U.S. Multi-Sector Income ETF worth $694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CGMS. Atria Wealth Solutions Inc. increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 2,067.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 180,097 shares of the company’s stock valued at $4,889,000 after purchasing an additional 171,788 shares during the period. Valmark Advisers Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth approximately $5,883,000. Silver Oak Securities Incorporated raised its position in Capital Group U.S. Multi-Sector Income ETF by 108.8% during the 4th quarter. Silver Oak Securities Incorporated now owns 26,609 shares of the company’s stock worth $718,000 after buying an additional 13,865 shares during the last quarter. Pillar Wealth Advisors LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 1.2% during the 4th quarter. Pillar Wealth Advisors LLC now owns 50,894 shares of the company’s stock valued at $1,374,000 after acquiring an additional 609 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 95.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 777,213 shares of the company’s stock valued at $20,977,000 after acquiring an additional 379,948 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Down 0.2 %

Shares of NYSEARCA:CGMS traded down $0.06 during midday trading on Thursday, reaching $27.61. The company’s stock had a trading volume of 659,574 shares, compared to its average volume of 308,346. The stock has a fifty day moving average of $27.25 and a 200 day moving average of $27.03. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $25.00 and a twelve month high of $27.70.

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

The business also recently disclosed a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were paid a dividend of $0.1548 per share. The ex-dividend date of this dividend was Wednesday, July 31st.

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.