Arkadios Wealth Advisors Increases Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Arkadios Wealth Advisors grew its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,718 shares of the company’s stock after purchasing an additional 795 shares during the quarter. Arkadios Wealth Advisors’ holdings in Capital Group U.S. Multi-Sector Income ETF were worth $320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CGMS. Ashton Thomas Securities LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at about $31,000. NBC Securities Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth approximately $34,000. Olistico Wealth LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 149.5% in the third quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock valued at $38,000 after purchasing an additional 822 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the third quarter valued at about $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth approximately $51,000.

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

Shares of NYSEARCA CGMS opened at $27.42 on Friday. The stock’s 50 day moving average price is $27.43 and its two-hundred day moving average price is $27.51. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $26.49 and a 52-week high of $28.00.

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

The business also recently declared a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a $0.127 dividend. This is an increase 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.

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.