Ameritas Advisory Services LLC Has $97,000 Stake in Capital Group U.S. Multi-Sector Income ETF $CGMS

Ameritas Advisory Services LLC trimmed its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 91.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,509 shares of the company’s stock after selling 38,648 shares during the period. Ameritas Advisory Services LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $97,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGMS. Ashton Thomas Securities LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at about $53,000. HHM Wealth Advisors LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at $59,000. Financial Perspectives Inc increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 142.7% during the 3rd 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 in the last quarter. Oppenheimer & Co. Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at $205,000. Finally, Security Financial Services INC. bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the second quarter worth $206,000.

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

Shares of CGMS stock opened at $27.84 on Friday. 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 has a market capitalization of $4.21 billion, a PE ratio of 10.71 and a beta of 0.34. The stock’s fifty day moving average is $27.72 and its 200-day moving average is $27.74.

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

The business also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were given a $0.1114 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date was Friday, January 30th.

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.