Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Acquired by Kestra Investment Management LLC

Kestra Investment Management LLC lifted its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 48.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,266 shares of the company’s stock after buying an additional 5,624 shares during the period. Kestra Investment Management LLC owned approximately 0.07% of Capital Group U.S. Multi-Sector Income ETF worth $481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Nations Financial Group Inc. IA ADV increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock worth $754,000 after buying an additional 465 shares during the last quarter. Lodestone Wealth Management LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 1.2% in the 2nd quarter. Lodestone Wealth Management LLC now owns 40,967 shares of the company’s stock valued at $1,103,000 after purchasing an additional 467 shares during the last quarter. Von Berge Wealth Management Group LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 1.7% in the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after purchasing an additional 482 shares during the last quarter. Continuum Advisory LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 13.1% in the 2nd quarter. Continuum Advisory LLC now owns 5,171 shares of the company’s stock valued at $139,000 after purchasing an additional 599 shares during the last quarter. Finally, Capital Planning LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 2.9% in the 2nd quarter. Capital Planning LLC now owns 25,761 shares of the company’s stock valued at $693,000 after purchasing an additional 716 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.0 %

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.63 on Monday. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.20 and a fifty-two week high of $28.00. The firm has a 50 day moving average price of $27.60 and a 200 day moving average price of $27.41.

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

The business also recently announced a dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 29th will be issued a $0.127 dividend. The ex-dividend date is Friday, November 29th. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11.

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.