Capital Group U.S. Multi-Sector Income ETF $CGMS Stock Acquired by Thayer Financial L.L.C.

Thayer Financial L.L.C. boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 12.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 290,946 shares of the company’s stock after buying an additional 32,318 shares during the period. Capital Group U.S. Multi-Sector Income ETF makes up approximately 7.0% of Thayer Financial L.L.C.’s holdings, making the stock its 4th biggest holding. Thayer Financial L.L.C. owned 0.14% of Capital Group U.S. Multi-Sector Income ETF worth $7,634,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Capital Advantage Inc. increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 51.7% during the 2nd quarter. Capital Advantage Inc. now owns 3,791,682 shares of the company’s stock worth $103,627,000 after purchasing an additional 1,292,902 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 16.1% during the second quarter. Envestnet Asset Management Inc. now owns 9,076,177 shares of the company’s stock worth $248,052,000 after buying an additional 1,259,374 shares during the period. Waverly Advisors LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the second quarter worth about $25,993,000. Valmark Advisers Inc. grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 135.9% during the first quarter. Valmark Advisers Inc. now owns 1,525,745 shares of the company’s stock worth $41,546,000 after buying an additional 879,055 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 17.7% during the first quarter. Cetera Investment Advisers now owns 4,296,149 shares of the company’s stock worth $116,984,000 after buying an additional 646,551 shares in the last quarter.

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

NYSEARCA:CGMS opened at $26.36 on Wednesday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.09 and a twelve month high of $27.99. The business has a 50 day moving average price of $26.76 and a two-hundred day moving average price of $27.17. The company has a market cap of $5.48 billion, a P/E ratio of 10.71 and a beta of 0.30.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were paid a $0.1402 dividend. This is a positive change from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.1297. This represents a $1.68 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Tuesday, September 29th.

About Capital Group U.S. Multi-Sector Income ETF

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.