Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Bought by Rothschild Investment LLC

Rothschild Investment LLC increased its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 31.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,925 shares of the company’s stock after purchasing an additional 15,400 shares during the period. Rothschild Investment LLC owned 0.25% of Capital Group U.S. Multi-Sector Income ETF worth $1,771,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CGMS. Great Valley Advisor Group Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $46,477,000. Winch Advisory Services LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 25.4% in the fourth quarter. Winch Advisory Services LLC now owns 719,243 shares of the company’s stock valued at $19,621,000 after purchasing an additional 145,538 shares during the period. TrueWealth Advisors LLC raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 3.2% during the fourth quarter. TrueWealth Advisors LLC now owns 621,840 shares of the company’s stock valued at $16,964,000 after buying an additional 19,182 shares during the last quarter. Stephens Inc. AR boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 10.3% during the fourth quarter. Stephens Inc. AR now owns 605,579 shares of the company’s stock worth $16,520,000 after buying an additional 56,544 shares during the period. Finally, Redhawk Wealth Advisors Inc. grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 19.8% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 565,918 shares of the company’s stock worth $15,438,000 after buying an additional 93,554 shares in the last quarter.

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

CGMS opened at $27.60 on Tuesday. The stock’s 50 day moving average price is $27.39 and its 200 day moving average price is $27.55. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $26.49 and a 12 month 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, February 3rd. Stockholders of record on Friday, January 31st were issued a dividend of $0.1089 per share. The ex-dividend date was Friday, January 31st.

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.