Benjamin F. Edwards & Company Inc. Has $5.94 Million Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Benjamin F. Edwards & Company Inc. increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 24.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,822 shares of the company’s stock after purchasing an additional 43,555 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 0.85% of Capital Group U.S. Multi-Sector Income ETF worth $5,944,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Lodestone Wealth Management LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 265.1% in the first quarter. Lodestone Wealth Management LLC now owns 40,500 shares of the company’s stock valued at $1,095,000 after buying an additional 29,408 shares in the last quarter. Hoylecohen LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $1,722,000. SageView Advisory Group LLC lifted its position in Capital Group U.S. Multi-Sector Income ETF by 33.1% in the 4th quarter. SageView Advisory Group LLC now owns 23,300 shares of the company’s stock valued at $632,000 after acquiring an additional 5,789 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 5.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 382,510 shares of the company’s stock worth $10,297,000 after purchasing an additional 18,945 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 422.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 593,647 shares of the company’s stock worth $16,052,000 after purchasing an additional 479,935 shares in the last quarter.

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

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.94 on Friday. The stock’s 50-day moving average is $27.54 and its 200-day moving average is $27.16. Capital Group U.S. Multi-Sector Income ETF has a one year low of $25.00 and a one year high of $28.00.

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

The company also recently announced a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were paid a $0.1548 dividend. The ex-dividend date was Wednesday, July 31st.

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.