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

Dynamic Advisor Solutions LLC increased its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 1.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,608 shares of the company’s stock after acquiring an additional 1,482 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $3,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGMS. Great Valley Advisor Group Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at about $46,477,000. Commonwealth Equity Services LLC boosted its position in 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 valued at $42,646,000 after buying an additional 320,620 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Capital Group U.S. Multi-Sector Income ETF by 58.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock valued at $36,016,000 after buying an additional 479,500 shares during the last quarter. Cetera Investment Advisers raised its position 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 worth $24,632,000 after buying an additional 594,834 shares during the last quarter. Finally, Winch Advisory Services LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 25.4% during the 4th quarter. Winch Advisory Services LLC now owns 719,243 shares of the company’s stock worth $19,621,000 after buying an additional 145,538 shares during the last quarter.

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

NYSEARCA:CGMS opened at $27.50 on Friday. The company’s fifty day moving average price is $27.43 and its 200-day moving average price is $27.52. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $26.49 and a 1-year high of $28.00.

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

The business also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a dividend of $0.127 per share. This is a positive change 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 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.