Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Acquired by KWB Wealth

KWB Wealth lifted its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 114.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 358,475 shares of the company’s stock after acquiring an additional 190,961 shares during the quarter. KWB Wealth owned 0.25% of Capital Group U.S. Multi-Sector Income ETF worth $9,901,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Wayfinding Financial LLC lifted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 0.4% in the third quarter. Wayfinding Financial LLC now owns 105,633 shares of the company’s stock valued at $2,931,000 after acquiring an additional 385 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in Capital Group U.S. Multi-Sector Income ETF by 1.9% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 23,316 shares of the company’s stock valued at $647,000 after purchasing an additional 432 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in Capital Group U.S. Multi-Sector Income ETF by 1.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 29,223 shares of the company’s stock valued at $811,000 after purchasing an additional 474 shares during the last quarter. Pines Wealth Management LLC lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 1.6% in the 3rd quarter. Pines Wealth Management LLC now owns 29,398 shares of the company’s stock valued at $816,000 after purchasing an additional 477 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 81.7% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 1,061 shares of the company’s stock valued at $29,000 after purchasing an additional 477 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.4%

Shares of CGMS opened at $27.26 on Tuesday. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $26.08 and a 52-week high of $28.08. The stock has a market cap of $4.12 billion, a PE ratio of 10.71 and a beta of 0.34. The firm’s fifty day moving average is $27.64 and its two-hundred day moving average is $27.72.

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

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a $0.1148 dividend. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, February 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.