68,771 Shares in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Purchased by MFA Wealth Services

MFA Wealth Services bought a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 68,771 shares of the company’s stock, valued at approximately $1,876,000. Capital Group U.S. Multi-Sector Income ETF comprises approximately 1.5% of MFA Wealth Services’ holdings, making the stock its 16th biggest holding.

Other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth about $51,000. Brookstone Capital Management acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth about $542,000. Cornerstone Wealth Management LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at approximately $227,000. Daymark Wealth Partners LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the second quarter valued at approximately $234,000. Finally, Olistico Wealth LLC increased its stake in Capital Group U.S. Multi-Sector Income ETF by 149.5% during 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 during the period.

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

Shares of CGMS stock opened at $27.42 on Friday. The firm has a 50 day moving average of $27.43 and a two-hundred day moving average of $27.51. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.49 and a 52 week high of $28.00.

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

The business also recently declared a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were issued a dividend of $0.127 per share. This is an increase 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 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.