Von Berge Wealth Management Group LLC Raises Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Von Berge Wealth Management Group LLC increased its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 1.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,185 shares of the company’s stock after purchasing an additional 482 shares during the quarter. Von Berge Wealth Management Group LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $770,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. WESPAC Advisors LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 8.7% in the 3rd quarter. WESPAC Advisors LLC now owns 22,241 shares of the company’s stock valued at $619,000 after buying an additional 1,775 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 222.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 136,961 shares of the company’s stock valued at $3,813,000 after buying an additional 94,550 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at $46,477,000. Raymond James Trust N.A. grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 9.9% in the 3rd quarter. Raymond James Trust N.A. now owns 26,151 shares of the company’s stock valued at $728,000 after buying an additional 2,357 shares in the last quarter. Finally, Prospera Financial Services Inc grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 127.9% in the 3rd quarter. Prospera Financial Services Inc now owns 354,942 shares of the company’s stock valued at $9,882,000 after buying an additional 199,168 shares in the last quarter.

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

Shares of NYSEARCA:CGMS opened at $27.45 on Friday. The business has a fifty day moving average of $27.63 and a two-hundred day moving average of $27.39. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $26.04 and a 52-week high of $28.00.

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

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a $0.1076 dividend. The ex-dividend date of this dividend was Friday, September 27th.

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.