Moloney Securities Asset Management LLC Buys 1,674 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Moloney Securities Asset Management LLC lifted its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 13.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,815 shares of the company’s stock after buying an additional 1,674 shares during the quarter. Moloney Securities Asset Management LLC owned approximately 0.05% of Capital Group U.S. Multi-Sector Income ETF worth $377,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Great Valley Advisor Group Inc. purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at approximately $46,477,000. Wealth Enhancement Advisory Services LLC grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 58.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock valued at $36,016,000 after purchasing an additional 479,500 shares in the last quarter. DeDora Capital Inc. purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at $11,885,000. Stifel Financial Corp raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 453.4% in the third quarter. Stifel Financial Corp now owns 497,812 shares of the company’s stock worth $13,859,000 after buying an additional 407,858 shares in the last quarter. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the fourth quarter worth $10,477,000.

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

Shares of CGMS opened at $27.47 on Tuesday. 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 has a 50-day moving average price of $27.42 and a 200-day moving average price of $27.54.

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

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

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.