Private Advisor Group LLC Grows Stock Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Posted by Steve Fairfield on Feb 21st, 2025

Private Advisor Group LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 21.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 391,446 shares of the company’s stock after acquiring an additional 68,553 shares during the quarter. Private Advisor Group LLC owned 1.51% of Capital Group U.S. Multi-Sector Income ETF worth $10,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of CGMS. Ashton Thomas Securities LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter worth $50,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at $51,000. AdvisorNet Financial Inc purchased a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at $74,000. Finally, HHM Wealth Advisors LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth $74,000.

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

CGMS stock opened at $27.56 on Friday. The firm’s 50-day moving average price is $27.39 and its two-hundred day moving average price is $27.54. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $26.49 and a 12-month high of $28.00.

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

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

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

(Free Report)

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.