Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Holdings Raised by Private Trust Co. NA

Private Trust Co. NA raised its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 49.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,489 shares of the company’s stock after purchasing an additional 3,452 shares during the quarter. Private Trust Co. NA’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $292,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at $31,000. Transcendent Capital Group LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter valued at approximately $32,000. NBC Securities Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at $34,000. Olistico Wealth LLC lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 149.5% in the third quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock valued at $38,000 after buying an additional 822 shares during the period. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth approximately $50,000.

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

NYSEARCA:CGMS opened at $27.64 on Friday. The firm has a 50-day moving average price of $27.62 and a 200 day moving average price of $27.40. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $26.12 and a 12-month high of $28.00.

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

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were given a $0.1076 dividend. The ex-dividend date was Friday, September 27th.

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