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

Souders Financial Advisors boosted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 13.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 279,305 shares of the company’s stock after acquiring an additional 33,183 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF comprises about 1.1% of Souders Financial Advisors’ investment portfolio, making the stock its 26th biggest holding. Souders Financial Advisors owned 1.07% of Capital Group U.S. Multi-Sector Income ETF worth $7,619,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV raised its position in Capital Group U.S. Multi-Sector Income ETF by 1.7% during the third quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock valued at $754,000 after buying an additional 465 shares during the period. Von Berge Wealth Management Group LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 1.7% in the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after buying an additional 482 shares during the last quarter. Barnes Pettey Financial Advisors LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 6.2% during the fourth quarter. Barnes Pettey Financial Advisors LLC now owns 11,624 shares of the company’s stock worth $317,000 after buying an additional 683 shares during the last quarter. CAP Partners LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 4.3% during the third quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock worth $526,000 after buying an additional 777 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 7.3% in the fourth quarter. Arkadios Wealth Advisors now owns 11,718 shares of the company’s stock worth $320,000 after acquiring an additional 795 shares during the last quarter.

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

NYSEARCA:CGMS opened at $27.58 on Wednesday. The company has a fifty day moving average price of $27.42 and a 200 day moving average price of $27.56. Capital Group U.S. Multi-Sector Income ETF has a one year low of $26.49 and a one year high of $28.00. The stock has a market cap of $2.43 billion, a P/E ratio of 16.63 and a beta of 0.39.

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

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