Blue Investment Partners LLC Takes Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Blue Investment Partners LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 7,217 shares of the company’s stock, valued at approximately $201,000.

A number of other large investors also recently bought and sold shares of CGMS. Private Trust Co. NA increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 49.1% during the third quarter. Private Trust Co. NA now owns 10,489 shares of the company’s stock valued at $292,000 after acquiring an additional 3,452 shares in the last quarter. Von Berge Wealth Management Group LLC boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% during the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after acquiring an additional 482 shares during the last quarter. WESPAC Advisors LLC boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 8.7% during the 3rd quarter. WESPAC Advisors LLC now owns 22,241 shares of the company’s stock valued at $619,000 after acquiring an additional 1,775 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 222.9% in the third quarter. Kingsview Wealth Management LLC now owns 136,961 shares of the company’s stock worth $3,813,000 after acquiring an additional 94,550 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at approximately $46,477,000.

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

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.67 on Tuesday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.08 and a twelve month high of $28.00. The company’s 50 day moving average is $27.63 and its 200 day moving average is $27.40.

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

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a $0.1076 dividend. The ex-dividend date 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.