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

Stifel Financial Corp boosted its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 453.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 497,812 shares of the company’s stock after buying an additional 407,858 shares during the quarter. Stifel Financial Corp’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $13,859,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $31,000. Transcendent Capital Group LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the second quarter worth about $32,000. NBC Securities Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at approximately $34,000. Olistico Wealth LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 149.5% in the third quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock valued at $38,000 after acquiring an additional 822 shares during the period. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at approximately $50,000.

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

Shares of NYSEARCA CGMS opened at $27.72 on Wednesday. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $26.32 and a 12-month high of $28.00. The stock’s 50 day simple moving average is $27.57 and its 200 day simple moving average is $27.45.

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

The company also recently declared a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were given a dividend of $0.127 per share. The ex-dividend date was Friday, November 29th. This is a positive change from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11.

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.