7,138 Shares in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Purchased by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,138 shares of the company’s stock, valued at approximately $199,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CGMS. Lodestone Wealth Management LLC grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 265.1% in the first quarter. Lodestone Wealth Management LLC now owns 40,500 shares of the company’s stock worth $1,095,000 after acquiring an additional 29,408 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in Capital Group U.S. Multi-Sector Income ETF by 5.2% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 382,510 shares of the company’s stock valued at $10,297,000 after buying an additional 18,945 shares during the last quarter. SageView Advisory Group LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 33.1% during the 4th quarter. SageView Advisory Group LLC now owns 23,300 shares of the company’s stock valued at $632,000 after buying an additional 5,789 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 422.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 593,647 shares of the company’s stock worth $16,052,000 after buying an additional 479,935 shares during the last quarter. Finally, Cetera Advisors LLC increased its position in Capital Group U.S. Multi-Sector Income ETF by 237.8% during the first quarter. Cetera Advisors LLC now owns 78,179 shares of the company’s stock valued at $2,114,000 after acquiring an additional 55,037 shares during the last quarter.

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

Shares of NYSEARCA:CGMS opened at $27.62 on Friday. The stock’s 50-day simple moving average is $27.67 and its two-hundred day simple moving average is $27.24. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $25.00 and a 52-week high of $28.00.

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

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

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.