Integrity Advisory Solutions LLC Invests $736,000 in Capital Group U.S. Multi-Sector Income ETF $CGMS

Integrity Advisory Solutions LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,534 shares of the company’s stock, valued at approximately $736,000.

A number of other institutional investors have also made changes to their positions in the business. Marshall & Sterling Wealth Advisors Inc. grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 81.7% during the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 1,061 shares of the company’s stock worth $29,000 after acquiring an additional 477 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter worth about $53,000. HHM Wealth Advisors LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the third quarter worth approximately $59,000. Financial Perspectives Inc grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 142.7% during the third quarter. Financial Perspectives Inc now owns 4,498 shares of the company’s stock valued at $125,000 after purchasing an additional 2,645 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at approximately $205,000.

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

CGMS stock opened at $27.55 on Friday. The company has a 50 day moving average price of $27.72 and a 200 day moving average price of $27.75. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.08 and a fifty-two week high of $28.08. The stock has a market capitalization of $4.17 billion, a PE ratio of 10.71 and a beta of 0.34.

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

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.1148 per share. The ex-dividend date was Friday, February 27th. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.