DeDora Capital Inc. Has $12.07 Million Stock Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

DeDora Capital Inc. increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 442,334 shares of the company’s stock after buying an additional 15,413 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF accounts for about 3.3% of DeDora Capital Inc.’s portfolio, making the stock its 9th largest position. DeDora Capital Inc. owned approximately 1.70% of Capital Group U.S. Multi-Sector Income ETF worth $12,067,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGMS. Ashton Thomas Securities LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth $31,000. NBC Securities Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at about $34,000. Strategic Investment Solutions Inc. IL purchased a new stake in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at about $50,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at about $51,000. Finally, AdvisorNet Financial Inc purchased a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at about $74,000.

Capital Group U.S. Multi-Sector Income ETF Trading Up 0.2 %

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.56 on Friday. The business’s 50-day simple moving average is $27.40 and its two-hundred day simple moving average is $27.54. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.49 and a fifty-two week high of $28.00.

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

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