Creative Financial Designs Inc. ADV Has $8.89 Million Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Creative Financial Designs Inc. ADV boosted its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 326,026 shares of the company’s stock after purchasing an additional 4,156 shares during the quarter. Creative Financial Designs Inc. ADV owned about 1.25% of Capital Group U.S. Multi-Sector Income ETF worth $8,894,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CAP Partners LLC grew its position in Capital Group U.S. Multi-Sector Income ETF by 4.3% in the third quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock valued at $526,000 after acquiring an additional 777 shares during the last quarter. Prospera Financial Services Inc grew its position in Capital Group U.S. Multi-Sector Income ETF by 127.9% in the third quarter. Prospera Financial Services Inc now owns 354,942 shares of the company’s stock valued at $9,882,000 after acquiring an additional 199,168 shares during the last quarter. Raymond James Trust N.A. grew its position in Capital Group U.S. Multi-Sector Income ETF by 9.9% in the third quarter. Raymond James Trust N.A. now owns 26,151 shares of the company’s stock valued at $728,000 after acquiring an additional 2,357 shares during the last quarter. Great Valley Advisor Group Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at about $46,477,000. Finally, Kingsview Wealth Management LLC grew its position in Capital Group U.S. Multi-Sector Income ETF by 222.9% in the third quarter. Kingsview Wealth Management LLC now owns 136,961 shares of the company’s stock valued at $3,813,000 after acquiring an additional 94,550 shares during the last quarter.

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

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.35 on Monday. 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 business’s 50-day moving average price is $27.45 and its two-hundred day moving average price is $27.54. The stock has a market cap of $2.41 billion, a PE ratio of 16.63 and a beta of 0.39.

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

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

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.