ST Germain D J Co. Inc. Grows Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

ST Germain D J Co. Inc. boosted its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 12.0% in the fourth quarter, HoldingsChannel reports. The firm owned 323,965 shares of the company’s stock after acquiring an additional 34,667 shares during the period. ST Germain D J Co. Inc.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $8,838,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% during the third quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock worth $754,000 after purchasing an additional 465 shares in the last quarter. Von Berge Wealth Management Group LLC boosted its position in Capital Group U.S. Multi-Sector Income ETF by 1.7% in the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after buying an additional 482 shares during the period. CAP Partners LLC grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 4.3% during the 3rd quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock worth $526,000 after buying an additional 777 shares in the last quarter. Olistico Wealth LLC increased its holdings 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 during the period. Finally, Ashton Thomas Securities LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF in the third quarter worth $31,000.

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

Shares of CGMS stock traded down $0.11 during mid-day trading on Friday, reaching $27.13. The stock had a trading volume of 244,352 shares, compared to its average volume of 496,504. The business’s fifty day moving average is $27.45 and its 200-day moving average is $27.49. 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 disclosed a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were paid a $0.127 dividend. This is an increase 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 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.