Silver Oak Securities Incorporated Has $4.65 Million Stock Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Silver Oak Securities Incorporated reduced its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 18.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 170,352 shares of the company’s stock after selling 39,794 shares during the period. Silver Oak Securities Incorporated’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $4,652,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV lifted its position in Capital Group U.S. Multi-Sector Income ETF by 1.7% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock valued at $754,000 after acquiring an additional 465 shares in the last quarter. Von Berge Wealth Management Group LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% in the third 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 in the last quarter. Barnes Pettey Financial Advisors LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 6.2% during the fourth quarter. Barnes Pettey Financial Advisors LLC now owns 11,624 shares of the company’s stock worth $317,000 after buying an additional 683 shares during the period. CAP Partners LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 4.3% during the third quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock worth $526,000 after buying an additional 777 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in Capital Group U.S. Multi-Sector Income ETF by 7.3% in the 4th quarter. Arkadios Wealth Advisors now owns 11,718 shares of the company’s stock valued at $320,000 after buying an additional 795 shares during the last quarter.

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

NYSEARCA CGMS opened at $27.56 on Thursday. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.49 and a 52 week high of $28.00. The stock’s 50 day moving average price is $27.43 and its two-hundred day moving average price is $27.53.

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

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a dividend of $0.1089 per share. The ex-dividend date was Friday, January 31st.

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.