8,138 Shares in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,138 shares of the company’s stock, valued at approximately $227,000.

Other large investors have also recently bought and sold shares of the company. Transcendent Capital Group LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 2nd quarter valued at about $32,000. NBC Securities Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at approximately $34,000. Olistico Wealth LLC boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 149.5% during the 3rd quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock worth $38,000 after buying an additional 822 shares in the last quarter. Comerica Bank grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 250.0% during the 1st quarter. Comerica Bank now owns 2,100 shares of the company’s stock worth $57,000 after buying an additional 1,500 shares during the period. Finally, FinTrust Capital Advisors LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 1,221.6% in the 1st quarter. FinTrust Capital Advisors LLC now owns 3,000 shares of the company’s stock valued at $81,000 after acquiring an additional 2,773 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.0 %

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.69 on Friday. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $25.00 and a 12-month high of $28.00. The firm’s fifty day moving average is $27.72 and its 200 day moving average is $27.26.

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

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a dividend of $0.1076 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.