LongView Wealth Management Acquires 26,445 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

LongView Wealth Management boosted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 93.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,622 shares of the company’s stock after acquiring an additional 26,445 shares during the quarter. LongView Wealth Management’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $1,490,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ashton Thomas Securities LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth $31,000. NBC Securities Inc. purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth about $34,000. Olistico Wealth LLC grew its position in Capital Group U.S. Multi-Sector Income ETF by 149.5% in the 3rd quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock worth $38,000 after purchasing an additional 822 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth approximately $51,000.

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

Shares of CGMS opened at $27.39 on Friday. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $26.49 and a 12 month high of $28.00. The stock has a 50 day moving average of $27.43 and a 200 day moving average of $27.50.

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

The business also recently disclosed a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were given a $0.127 dividend. This is a positive change from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11. The ex-dividend date was Friday, November 29th.

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.