Dynamic Advisor Solutions LLC Increases Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Dynamic Advisor Solutions LLC lifted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 120,608 shares of the company’s stock after buying an additional 1,482 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.46% of Capital Group U.S. Multi-Sector Income ETF worth $3,290,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Great Valley Advisor Group Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the third quarter worth $46,477,000. Commonwealth Equity Services LLC grew its holdings 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 increased its stake in Capital Group U.S. Multi-Sector Income ETF by 58.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock worth $36,016,000 after buying an additional 479,500 shares during the period. Cetera Investment Advisers lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 185.8% during the 2nd quarter. Cetera Investment Advisers now owns 914,999 shares of the company’s stock valued at $24,632,000 after buying an additional 594,834 shares in the last quarter. Finally, Winch Advisory Services LLC boosted 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 period.

Capital Group U.S. Multi-Sector Income ETF Trading Up 0.3 %

Shares of NYSEARCA CGMS opened at $27.50 on Friday. The stock has a 50 day moving average price of $27.43 and a 200 day moving average price of $27.52. 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 firm also recently announced 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 a boost from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, November 29th.

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.