Atria Wealth Solutions Inc. Purchases 101,945 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Atria Wealth Solutions Inc. increased its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 24.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 518,470 shares of the company’s stock after purchasing an additional 101,945 shares during the period. Atria Wealth Solutions Inc.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $14,144,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% in the third quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock worth $754,000 after purchasing an additional 465 shares during the last quarter. Von Berge Wealth Management Group LLC raised its position 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 worth $770,000 after buying an additional 482 shares during the last quarter. Barnes Pettey Financial Advisors LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 6.2% during the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 11,624 shares of the company’s stock valued at $317,000 after acquiring an additional 683 shares during the period. CAP Partners LLC boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 4.3% during the 3rd quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock valued at $526,000 after acquiring an additional 777 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 7.3% in the fourth quarter. Arkadios Wealth Advisors now owns 11,718 shares of the company’s stock worth $320,000 after acquiring an additional 795 shares during the period.

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

CGMS opened at $27.51 on Wednesday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.49 and a twelve month high of $28.00. The firm has a 50 day moving average price of $27.39 and a 200-day moving average price of $27.54.

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

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

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.