Capital Group U.S. Multi-Sector Income ETF $CGMS Holdings Raised by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 14.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 456,835 shares of the company’s stock after buying an additional 58,349 shares during the period. Benjamin Edwards Inc. owned about 0.37% of Capital Group U.S. Multi-Sector Income ETF worth $12,677,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CGMS. NewEdge Advisors LLC raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 27.4% during the first quarter. NewEdge Advisors LLC now owns 80,481 shares of the company’s stock worth $2,197,000 after acquiring an additional 17,288 shares in the last quarter. Jane Street Group LLC grew its stake in Capital Group U.S. Multi-Sector Income ETF by 125.9% in the first quarter. Jane Street Group LLC now owns 592,433 shares of the company’s stock valued at $16,173,000 after purchasing an additional 330,130 shares in the last quarter. Integrity Alliance LLC. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter worth about $2,292,000. Focus Partners Wealth purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 1st quarter worth about $1,048,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 391.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 15,425 shares of the company’s stock worth $421,000 after purchasing an additional 12,285 shares in the last quarter.

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

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.68 on Friday. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 10.71 and a beta of 0.34. The stock has a 50-day simple moving average of $27.67 and a 200-day simple moving average of $27.71. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $26.08 and a 52-week high of $28.08.

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

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were paid a $0.1662 dividend. This represents a c) dividend on an annualized basis and a 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 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.