TruWealth Advisors LLC Acquires 153,741 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Posted by Rob Hiaasen on Jan 19th, 2025

TruWealth Advisors LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 42.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 512,303 shares of the company’s stock after purchasing an additional 153,741 shares during the quarter. TruWealth Advisors LLC owned about 1.97% of Capital Group U.S. Multi-Sector Income ETF worth $13,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the third quarter worth approximately $31,000. NBC Securities Inc. acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth approximately $34,000. Olistico Wealth LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 149.5% in the 3rd quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock valued at $38,000 after acquiring an additional 822 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth $51,000.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.1 %

CGMS opened at $27.39 on Friday. The company has a fifty day moving average price of $27.43 and a two-hundred day moving average price of $27.51. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $26.49 and a 1-year high of $28.00.

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

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

Capital Group U.S. Multi-Sector Income ETF Profile

(Free Report)

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.