Strategic Family Wealth Counselors L.L.C. Grows Stock Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Strategic Family Wealth Counselors L.L.C. increased its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 25.6% during the 3rd quarter, Holdings Channel reports. The firm owned 26,233 shares of the company’s stock after acquiring an additional 5,339 shares during the quarter. Strategic Family Wealth Counselors L.L.C.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $730,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CGMS. Transcendent Capital Group LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter valued at $32,000. NBC Securities Inc. acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth about $34,000. Olistico Wealth LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 149.5% in the third quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock worth $38,000 after buying an additional 822 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter worth approximately $50,000. Finally, Comerica Bank lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 250.0% in the 1st quarter. Comerica Bank now owns 2,100 shares of the company’s stock valued at $57,000 after purchasing an additional 1,500 shares during the period.

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

Shares of CGMS stock traded up $0.05 during mid-day trading on Friday, hitting $27.59. 151,711 shares of the stock were exchanged, compared to its average volume of 385,841. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $25.56 and a 52-week high of $28.00. The firm has a fifty day moving average of $27.68 and a 200 day moving average of $27.33.

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

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

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