HHM Wealth Advisors LLC Takes Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

HHM Wealth Advisors LLC purchased a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,727 shares of the company’s stock, valued at approximately $74,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the fourth quarter valued at approximately $51,000. Brookstone Capital Management bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth $542,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at about $227,000. Olistico Wealth LLC lifted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 149.5% during the third quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock valued at $38,000 after purchasing an additional 822 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth about $84,000.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.0 %

NYSEARCA:CGMS opened at $27.41 on Tuesday. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.49 and a 52 week high of $28.00. The firm has a 50-day moving average price of $27.43 and a two-hundred day moving average price of $27.53.

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

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

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.