Daymark Wealth Partners LLC Purchases 3,835 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Daymark Wealth Partners LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,954 shares of the company’s stock after purchasing an additional 3,835 shares during the period. Daymark Wealth Partners LLC owned 0.10% of Capital Group U.S. Multi-Sector Income ETF worth $735,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of CGMS. Nations Financial Group Inc. IA ADV raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock worth $754,000 after acquiring an additional 465 shares in the last quarter. Von Berge Wealth Management Group LLC raised its stake in Capital Group U.S. Multi-Sector Income ETF by 1.7% during the third quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after purchasing an additional 482 shares in the last quarter. CAP Partners LLC lifted its position in Capital Group U.S. Multi-Sector Income ETF by 4.3% during the third quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock valued at $526,000 after purchasing an additional 777 shares during the last quarter. Arkadios Wealth Advisors lifted its position in Capital Group U.S. Multi-Sector Income ETF by 7.3% during the fourth quarter. Arkadios Wealth Advisors now owns 11,718 shares of the company’s stock valued at $320,000 after purchasing an additional 795 shares during the last quarter. Finally, Olistico Wealth LLC grew its stake 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 worth $38,000 after buying an additional 822 shares in the last quarter.

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

Shares of NYSEARCA CGMS opened at $27.42 on Friday. 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 firm’s 50-day moving average price is $27.43 and its 200-day moving average price is $27.51.

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

The business also recently disclosed a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were given a dividend of $0.127 per share. The ex-dividend date of this dividend was Friday, November 29th. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11.

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.