AdvisorNet Financial Inc Invests $74,000 in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

AdvisorNet Financial Inc acquired a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,715 shares of the company’s stock, valued at approximately $74,000.

A number of other institutional investors also recently bought and sold shares of CGMS. Nations Financial Group Inc. IA ADV increased its stake in Capital Group U.S. Multi-Sector Income ETF by 1.7% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock valued at $754,000 after purchasing an additional 465 shares in the last quarter. Von Berge Wealth Management Group LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 1.7% during the third quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock valued at $770,000 after buying an additional 482 shares during the last quarter. CAP Partners LLC increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 4.3% in the 3rd quarter. CAP Partners LLC now owns 18,894 shares of the company’s stock valued at $526,000 after acquiring an additional 777 shares during the period. Olistico Wealth LLC raised its stake in Capital Group U.S. Multi-Sector Income ETF by 149.5% in the 3rd quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock worth $38,000 after acquiring an additional 822 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth about $31,000.

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

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.39 on Friday. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $26.49 and a fifty-two week high of $28.00. The business’s 50-day simple moving average is $27.43 and its two-hundred day simple moving average is $27.51.

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

The company also recently disclosed a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were given a dividend of $0.127 per share. This is a boost from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, November 29th.

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.