Concourse Financial Group Securities Inc. Purchases 7,577 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Concourse Financial Group Securities Inc. grew its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 29.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,282 shares of the company’s stock after buying an additional 7,577 shares during the quarter. Concourse Financial Group Securities Inc. owned approximately 0.13% of Capital Group U.S. Multi-Sector Income ETF worth $927,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. SageView Advisory Group LLC grew its position in 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 worth $632,000 after acquiring an additional 5,789 shares during the last quarter. ICA Group Wealth Management LLC bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth $84,000. Capital Planning LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 8.3% in the first quarter. Capital Planning LLC now owns 25,045 shares of the company’s stock valued at $680,000 after buying an additional 1,909 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 422.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 593,647 shares of the company’s stock valued at $16,052,000 after buying an additional 479,935 shares during the last quarter. Finally, Vicus Capital raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 5.9% in the first quarter. Vicus Capital now owns 176,505 shares of the company’s stock valued at $4,773,000 after buying an additional 9,850 shares during the last quarter.

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

Shares of NYSEARCA:CGMS opened at $27.67 on Tuesday. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $25.00 and a 12 month high of $28.00. The company’s 50-day moving average price is $27.69 and its two-hundred day moving average price is $27.25.

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

The business also recently declared 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 of this dividend was Friday, September 27th.

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.