Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Sold by WR Wealth Planners LLC

WR Wealth Planners LLC reduced its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 47.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,376 shares of the company’s stock after selling 12,313 shares during the period. WR Wealth Planners LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $365,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at approximately $51,000. Brookstone Capital Management acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at approximately $542,000. Farther Finance Advisors LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at approximately $84,000. Janney Montgomery Scott LLC raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 30.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 57,816 shares of the company’s stock valued at $1,610,000 after acquiring an additional 13,608 shares in the last quarter. Finally, Von Berge Wealth Management Group LLC raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% during the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after acquiring an additional 482 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.1 %

CGMS stock opened at $27.63 on Friday. The firm has a market cap of $2.43 billion, a P/E ratio of 16.63 and a beta of 0.39. 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 stock’s 50 day simple moving average is $27.40 and its 200 day simple moving average is $27.55.

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

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were paid a dividend of $0.1089 per share. The ex-dividend date was Friday, January 31st.

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.