Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Bought by WESPAC Advisors LLC

WESPAC Advisors LLC increased its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 148.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,113 shares of the company’s stock after purchasing an additional 47,874 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF accounts for 1.3% of WESPAC Advisors LLC’s portfolio, making the stock its 14th largest position. WESPAC Advisors LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $2,223,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Financial Perspectives Inc lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 59.6% in the 2nd quarter. Financial Perspectives Inc now owns 1,853 shares of the company’s stock worth $51,000 after buying an additional 692 shares in the last quarter. IFP Advisors Inc increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 38.3% during the second quarter. IFP Advisors Inc now owns 4,091 shares of the company’s stock worth $113,000 after acquiring an additional 1,132 shares during the last quarter. AdvisorNet Financial Inc increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 67.6% during the second quarter. AdvisorNet Financial Inc now owns 4,551 shares of the company’s stock worth $126,000 after acquiring an additional 1,836 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 88.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,005 shares of the company’s stock worth $138,000 after acquiring an additional 2,352 shares in the last quarter. Finally, Sagespring Wealth Partners LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF in the second quarter valued at about $204,000.

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

CGMS stock opened at $27.74 on Wednesday. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $26.08 and a 52-week high of $28.08. The stock’s 50 day moving average is $27.67 and its two-hundred day moving average is $27.71. The company has a market capitalization of $4.01 billion, a PE ratio of 10.71 and a beta of 0.34.

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

The business also recently declared a monthly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were paid a $0.1662 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. This is a boost from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.13. The ex-dividend date was Wednesday, December 24th.

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.