Nations Financial Group Inc. IA ADV Sells 1,804 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Nations Financial Group Inc. IA ADV decreased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 6.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,278 shares of the company’s stock after selling 1,804 shares during the quarter. Nations Financial Group Inc. IA ADV owned approximately 0.10% of Capital Group U.S. Multi-Sector Income ETF worth $690,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. DeDora Capital Inc. boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 3.6% in the fourth quarter. DeDora Capital Inc. now owns 442,334 shares of the company’s stock valued at $12,067,000 after acquiring an additional 15,413 shares during the period. Vicus Capital boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 4.8% in the 4th quarter. Vicus Capital now owns 287,085 shares of the company’s stock valued at $7,832,000 after purchasing an additional 13,163 shares during the period. Avidian Wealth Enterprises LLC grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 0.7% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 142,821 shares of the company’s stock worth $3,896,000 after purchasing an additional 977 shares in the last quarter. CAP Partners LLC increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 4.2% during the fourth quarter. CAP Partners LLC now owns 19,688 shares of the company’s stock worth $537,000 after purchasing an additional 794 shares during the period. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the fourth quarter valued at approximately $464,000.

Capital Group U.S. Multi-Sector Income ETF Trading Up 0.2 %

NYSEARCA:CGMS opened at $27.56 on Tuesday. The stock has a fifty day moving average price of $27.40 and a 200-day moving average price of $27.54. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.49 and a fifty-two week high of $28.00.

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

The firm 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.

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.