Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Acquired by DeDora Capital Inc.

DeDora Capital Inc. grew its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 442,334 shares of the company’s stock after buying an additional 15,413 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF accounts for about 3.3% of DeDora Capital Inc.’s portfolio, making the stock its 9th largest holding. DeDora Capital Inc.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $12,067,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings 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. NBC Securities Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $34,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $50,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at about $51,000. Finally, AdvisorNet Financial Inc acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at about $74,000.

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

NYSEARCA CGMS opened at $27.56 on Friday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.49 and a twelve month high of $28.00. The stock has a 50-day moving average of $27.40 and a 200 day moving average of $27.54.

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 $0.1089 dividend. The ex-dividend date of this dividend 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.