Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Purchased by Fullcircle Wealth LLC

Fullcircle Wealth LLC increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 3.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 130,658 shares of the company’s stock after buying an additional 4,700 shares during the period. Capital Group U.S. Multi-Sector Income ETF comprises 1.3% of Fullcircle Wealth LLC’s investment portfolio, making the stock its 9th largest holding. Fullcircle Wealth LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $3,609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tempus Wealth Planning LLC grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 1.8% in the second quarter. Tempus Wealth Planning LLC now owns 24,845 shares of the company’s stock worth $686,000 after acquiring an additional 429 shares in the last quarter. CAP Partners LLC raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 2.2% in the second quarter. CAP Partners LLC now owns 22,091 shares of the company’s stock valued at $610,000 after acquiring an additional 484 shares in the last quarter. Cottage Street Advisors LLC boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 1.4% in the second quarter. Cottage Street Advisors LLC now owns 42,928 shares of the company’s stock valued at $1,186,000 after purchasing an additional 590 shares during the period. Capital Investment Advisory Services LLC grew its stake in Capital Group U.S. Multi-Sector Income ETF by 10.7% during the 1st quarter. Capital Investment Advisory Services LLC now owns 7,080 shares of the company’s stock worth $193,000 after purchasing an additional 685 shares in the last quarter. Finally, Financial Perspectives Inc increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 59.6% during the 2nd quarter. Financial Perspectives Inc now owns 1,853 shares of the company’s stock worth $51,000 after purchasing an additional 692 shares during the period.

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

CGMS stock opened at $27.54 on Tuesday. The firm has a market capitalization of $3.49 billion, a P/E ratio of 10.71 and a beta of 0.34. The business’s 50-day moving average is $27.84 and its two-hundred day moving average is $27.53. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.08 and a 1 year high of $28.08.

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

The company also recently announced a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were paid a dividend of $0.1654 per share. The ex-dividend date was Friday, October 31st. This is a positive change from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%.

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.