Beacon Financial Advisory LLC Has $300,000 Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Beacon Financial Advisory LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 8.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,998 shares of the company’s stock after buying an additional 819 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $300,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV boosted its holdings in shares of 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 worth $754,000 after acquiring an additional 465 shares in 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 valued at $770,000 after purchasing an additional 482 shares during the last quarter. Barnes Pettey Financial Advisors LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 6.2% in the fourth quarter. Barnes Pettey Financial Advisors LLC now owns 11,624 shares of the company’s stock worth $317,000 after purchasing an additional 683 shares in the last quarter. 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 purchasing an additional 777 shares during the last quarter. Finally, Arkadios Wealth Advisors increased 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 valued at $320,000 after buying an additional 795 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.1 %

Shares of NYSEARCA CGMS opened at $27.52 on Friday. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $26.49 and a 12-month high of $28.00. The firm’s 50-day simple moving average is $27.42 and its 200 day simple moving average is $27.53.

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

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

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