Ashton Thomas Securities LLC Buys Shares of 1,129 Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Ashton Thomas Securities LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,129 shares of the company’s stock, valued at approximately $31,000.

Other hedge funds have also recently modified their holdings of the company. Transcendent Capital Group LLC lifted its position in Capital Group U.S. Multi-Sector Income ETF by 4,442.2% in the third quarter. Transcendent Capital Group LLC now owns 53,734 shares of the company’s stock valued at $1,496,000 after purchasing an additional 52,551 shares during the period. Crumly & Associates Inc. raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 68.8% during the 3rd quarter. Crumly & Associates Inc. now owns 181,635 shares of the company’s stock worth $5,057,000 after buying an additional 74,061 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 25.6% in the 3rd quarter. Strategic Family Wealth Counselors L.L.C. now owns 26,233 shares of the company’s stock valued at $730,000 after buying an additional 5,339 shares during the period. Trademark Financial Management LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at approximately $400,000. Finally, Centennial Wealth Advisory LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth $320,000.

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

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.41 on Friday. Capital Group U.S. Multi-Sector Income ETF has a one year low of $25.86 and a one year high of $28.00. The business has a fifty day moving average of $27.67 and a two-hundred day moving average of $27.36.

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

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were paid a $0.1076 dividend. The ex-dividend date was Friday, September 27th.

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.