Thurston Springer Miller Herd & Titak Inc. Makes New $51,000 Investment in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,865 shares of the company’s stock, valued at approximately $51,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 1.7% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 27,082 shares of the company’s stock worth $754,000 after purchasing an additional 465 shares in the last quarter. Von Berge Wealth Management Group LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 1.7% in the 3rd quarter. Von Berge Wealth Management Group LLC now owns 28,185 shares of the company’s stock worth $770,000 after purchasing an additional 482 shares in the last quarter. CAP Partners LLC lifted its stake in 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 worth $526,000 after purchasing an additional 777 shares in the last quarter. Olistico Wealth LLC lifted 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 purchasing an additional 822 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter worth approximately $31,000.

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

CGMS opened at $27.39 on Friday. The company’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 has a 1-year low of $26.49 and a 1-year high of $28.00.

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

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

Capital Group U.S. Multi-Sector Income ETF Company 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.