Seamount Financial Group Inc. Has $497,000 Stock Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Seamount Financial Group Inc. grew its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 29.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,839 shares of the company’s stock after buying an additional 4,005 shares during the period. Seamount Financial Group Inc. owned approximately 0.07% of Capital Group U.S. Multi-Sector Income ETF worth $497,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CGMS. Envestnet Asset Management Inc. lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 201.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,427,118 shares of the company’s stock worth $38,418,000 after acquiring an additional 953,285 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 185.8% during the 2nd quarter. Cetera Investment Advisers now owns 914,999 shares of the company’s stock valued at $24,632,000 after purchasing an additional 594,834 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 43.2% during the 2nd quarter. LPL Financial LLC now owns 1,894,706 shares of the company’s stock valued at $51,005,000 after purchasing an additional 571,611 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 422.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 593,647 shares of the company’s stock valued at $16,052,000 after purchasing an additional 479,935 shares during the period. Finally, Redhawk Wealth Advisors Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter worth approximately $11,970,000.

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

Shares of CGMS stock opened at $27.69 on Friday. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $25.00 and a 52 week high of $28.00. The company’s 50 day moving average price is $27.72 and its two-hundred day moving average price is $27.26.

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

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were issued 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.