Endeavor Private Wealth Inc. Purchases Shares of 34,601 Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Endeavor Private Wealth Inc. purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 34,601 shares of the company’s stock, valued at approximately $944,000. Endeavor Private Wealth Inc. owned approximately 0.13% of Capital Group U.S. Multi-Sector Income ETF as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CGMS. Great Valley Advisor Group Inc. acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $46,477,000. Commonwealth Equity Services LLC raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 26.5% in the third quarter. Commonwealth Equity Services LLC now owns 1,531,827 shares of the company’s stock worth $42,646,000 after purchasing an additional 320,620 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 58.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock valued at $36,016,000 after buying an additional 479,500 shares during the last quarter. Cetera Investment Advisers grew its holdings 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 buying an additional 594,834 shares in the last quarter. Finally, Winch Advisory Services LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 25.4% in the 4th quarter. Winch Advisory Services LLC now owns 719,243 shares of the company’s stock valued at $19,621,000 after buying an additional 145,538 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.2 %

NYSEARCA CGMS opened at $27.42 on Thursday. The company has a fifty 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 1 year low of $26.49 and a 1 year high of $28.00.

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

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

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

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.