Good Life Advisors LLC Reduces Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Good Life Advisors LLC lowered its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 41.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,966 shares of the company’s stock after selling 20,872 shares during the period. Good Life Advisors LLC owned approximately 0.11% of Capital Group U.S. Multi-Sector Income ETF worth $790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV increased its stake in Capital Group U.S. Multi-Sector Income ETF by 1.7% during the third quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock worth $754,000 after acquiring an additional 465 shares during the last quarter. Von Berge Wealth Management Group LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% during the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock worth $770,000 after purchasing an additional 482 shares during the period. Barnes Pettey Financial Advisors LLC increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 6.2% during the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 11,624 shares of the company’s stock worth $317,000 after purchasing an additional 683 shares during the last quarter. CAP Partners LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF by 4.3% in the 3rd quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock valued at $526,000 after buying an additional 777 shares during the period. Finally, Arkadios Wealth Advisors lifted its position in Capital Group U.S. Multi-Sector Income ETF by 7.3% in the fourth quarter. Arkadios Wealth Advisors now owns 11,718 shares of the company’s stock valued at $320,000 after buying an additional 795 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.0 %

Shares of CGMS stock opened at $27.52 on Thursday. The company has a 50-day moving average of $27.39 and a two-hundred day moving average of $27.54. 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 Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were given 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.