Transcendent Capital Group LLC Has $1.62 Million Stock Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Transcendent Capital Group LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 10.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,265 shares of the company’s stock after acquiring an additional 5,531 shares during the period. Transcendent Capital Group LLC owned about 0.23% of Capital Group U.S. Multi-Sector Income ETF worth $1,617,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth approximately $51,000. Brookstone Capital Management bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth $542,000. Farther Finance Advisors LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth $84,000. Janney Montgomery Scott LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 30.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 57,816 shares of the company’s stock valued at $1,610,000 after buying an additional 13,608 shares during the last quarter. Finally, Von Berge Wealth Management Group LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 1.7% during the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after acquiring an additional 482 shares in the last quarter.

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

CGMS opened at $27.60 on Tuesday. The firm’s fifty day moving average price is $27.39 and its two-hundred day moving average price is $27.55. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.49 and a 1 year high of $28.00.

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

The company also recently declared a dividend, which was paid on Monday, February 3rd. Investors 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 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.