Saiph Capital LLC Acquires Shares of 75,872 Capital Group U.S. Multi-Sector Income ETF $CGMS

Saiph Capital LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 75,872 shares of the company’s stock, valued at approximately $2,105,000. Capital Group U.S. Multi-Sector Income ETF comprises 0.6% of Saiph Capital LLC’s holdings, making the stock its 25th largest holding. Saiph Capital LLC owned approximately 0.06% of Capital Group U.S. Multi-Sector Income ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. lifted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 81.7% in the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 1,061 shares of the company’s stock worth $29,000 after buying an additional 477 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at about $53,000. HHM Wealth Advisors LLC purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter worth $59,000. Financial Perspectives Inc grew its position 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 worth $125,000 after purchasing an additional 2,645 shares in the last quarter. Finally, Consolidated Portfolio Review Corp purchased a new position in Capital Group U.S. Multi-Sector Income ETF in the third quarter worth $211,000.

Capital Group U.S. Multi-Sector Income ETF Stock Down 0.4%

CGMS opened at $27.28 on Friday. The company has a 50-day moving average price of $27.70 and a 200 day moving average price of $27.74. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.08 and a twelve month high of $28.08. The company has a market cap of $4.13 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 disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.1148 dividend. 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 yield of 5.0%. The ex-dividend date was Friday, February 27th.

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.