Jane Street Group LLC Decreases Stock Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Jane Street Group LLC trimmed its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 30.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 233,723 shares of the company’s stock after selling 103,432 shares during the period. Jane Street Group LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $6,507,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Ashton Thomas Securities LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at approximately $31,000. Transcendent Capital Group LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter valued at $32,000. NBC Securities Inc. bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at $34,000. Olistico Wealth LLC boosted its stake in shares of 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 buying an additional 822 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter worth $50,000.

Capital Group U.S. Multi-Sector Income ETF Trading Up 0.4 %

Shares of NYSEARCA:CGMS opened at $27.72 on Friday. The firm’s 50 day moving average price is $27.57 and its 200-day moving average price is $27.46. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.49 and a twelve month high of $28.00.

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

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

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.