Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Position Increased by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 127.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 354,942 shares of the company’s stock after buying an additional 199,168 shares during the quarter. Prospera Financial Services Inc owned approximately 1.37% of Capital Group U.S. Multi-Sector Income ETF worth $9,882,000 as of its most recent filing with the SEC.

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

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

Shares of NYSEARCA CGMS opened at $27.43 on Tuesday. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $25.96 and a 1-year high of $28.00. The business’s fifty day moving average price is $27.65 and its two-hundred day moving average price is $27.38.

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

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

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.