Winch Advisory Services LLC Grows Stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Winch Advisory Services LLC lifted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 25.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 719,243 shares of the company’s stock after purchasing an additional 145,538 shares during the period. Capital Group U.S. Multi-Sector Income ETF accounts for about 5.1% of Winch Advisory Services LLC’s investment portfolio, making the stock its 5th biggest holding. Winch Advisory Services LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $19,621,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Great Valley Advisor Group Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at about $46,477,000. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 26.5% during the 3rd 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 during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 201.2% in the 2nd 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 lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 58.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock worth $36,016,000 after purchasing an additional 479,500 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in Capital Group U.S. Multi-Sector Income ETF by 185.8% during the second quarter. Cetera Investment Advisers now owns 914,999 shares of the company’s stock worth $24,632,000 after purchasing an additional 594,834 shares during the period.

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

Shares of CGMS stock opened at $27.37 on Thursday. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $26.49 and a 12 month high of $28.00. The business’s 50 day moving average is $27.44 and its two-hundred day moving average is $27.50.

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

The company also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were paid a $0.127 dividend. The ex-dividend date was Friday, November 29th. This is a positive change from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11.

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