Trademark Financial Management LLC Invests $400,000 in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Trademark Financial Management LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,381 shares of the company’s stock, valued at approximately $400,000. Trademark Financial Management LLC owned about 0.06% of Capital Group U.S. Multi-Sector Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in CGMS. LPL Financial LLC boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 43.2% in the second quarter. LPL Financial LLC now owns 1,894,706 shares of the company’s stock valued at $51,005,000 after acquiring an additional 571,611 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 26.5% in the third quarter. Commonwealth Equity Services LLC now owns 1,531,827 shares of the company’s stock valued at $42,646,000 after acquiring an additional 320,620 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 201.2% in the second quarter. Envestnet Asset Management Inc. now owns 1,427,118 shares of the company’s stock valued at $38,418,000 after acquiring an additional 953,285 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 58.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock valued at $36,016,000 after acquiring an additional 479,500 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 185.8% in the second quarter. Cetera Investment Advisers now owns 914,999 shares of the company’s stock valued at $24,632,000 after acquiring an additional 594,834 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.9 %

NYSEARCA:CGMS opened at $27.33 on Thursday. The firm’s fifty day simple moving average is $27.69 and its 200 day simple moving average is $27.33. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $25.56 and a twelve month high of $28.00.

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

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were given a dividend of $0.1076 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.