LongView Wealth Management Has $1.49 Million Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

LongView Wealth Management lifted its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 93.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 54,622 shares of the company’s stock after acquiring an additional 26,445 shares during the quarter. LongView Wealth Management owned approximately 0.21% of Capital Group U.S. Multi-Sector Income ETF worth $1,490,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CGMS. Cornerstone Wealth Management LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at about $227,000. Daymark Wealth Partners LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter worth $234,000. Olistico Wealth LLC raised its holdings in 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 in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth $84,000. Finally, Janney Montgomery Scott LLC increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 30.8% in the third quarter. Janney Montgomery Scott LLC now owns 57,816 shares of the company’s stock worth $1,610,000 after purchasing an additional 13,608 shares during the period.

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

CGMS stock opened at $27.39 on Friday. The company’s 50-day moving average price is $27.43 and its two-hundred day moving average price is $27.50. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $26.49 and a 12 month high of $28.00.

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

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