Peterson Wealth Advisors LLC Buys 79,893 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Peterson Wealth Advisors LLC increased its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 895.7% in the 4th quarter, Holdings Channel reports. The fund owned 88,813 shares of the company’s stock after buying an additional 79,893 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF comprises about 0.4% of Peterson Wealth Advisors LLC’s holdings, making the stock its 27th largest position. Peterson Wealth Advisors LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $2,421,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in CGMS. Ashton Thomas Securities LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter worth about $31,000. NBC Securities Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter worth approximately $34,000. Olistico Wealth LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 149.5% in the third 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. Strategic Investment Solutions Inc. IL purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the third quarter worth approximately $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter valued at approximately $51,000.

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

Shares of CGMS opened at $27.42 on Thursday. The firm has a 50 day moving average price of $27.43 and a 200-day moving average price of $27.51. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.49 and a fifty-two week high of $28.00.

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

The business also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a dividend of $0.127 per share. The ex-dividend date was Friday, November 29th. This is a boost 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.