Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Acquired by Souders Financial Advisors

Souders Financial Advisors grew its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 246,122 shares of the company’s stock after purchasing an additional 29,534 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF makes up approximately 1.0% of Souders Financial Advisors’ holdings, making the stock its 28th biggest holding. Souders Financial Advisors owned about 0.95% of Capital Group U.S. Multi-Sector Income ETF worth $6,852,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of CGMS. Janney Montgomery Scott LLC grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 44.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 32,207 shares of the company’s stock valued at $871,000 after buying an additional 9,900 shares during the last quarter. Avantax Advisory Services Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter worth about $294,000. Kingsview Wealth Management LLC grew its position in Capital Group U.S. Multi-Sector Income ETF by 51.7% in the 1st quarter. Kingsview Wealth Management LLC now owns 15,808 shares of the company’s stock worth $427,000 after purchasing an additional 5,388 shares during the last quarter. Comerica Bank grew its position in Capital Group U.S. Multi-Sector Income ETF by 250.0% in the 1st quarter. Comerica Bank now owns 2,100 shares of the company’s stock worth $57,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in Capital Group U.S. Multi-Sector Income ETF by 613.6% in the 1st quarter. Cetera Investment Advisers now owns 320,165 shares of the company’s stock worth $8,657,000 after purchasing an additional 275,301 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Down 0.5 %

Shares of NYSEARCA:CGMS opened at $27.43 on Wednesday. The company has a 50 day moving average of $27.68 and a 200-day moving average of $27.36. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $25.59 and a twelve month high of $28.00.

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

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were paid a dividend of $0.1076 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.