7,217 Shares in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Purchased by Blue Investment Partners LLC

Blue Investment Partners LLC purchased a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,217 shares of the company’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 5.2% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 382,510 shares of the company’s stock worth $10,297,000 after acquiring an additional 18,945 shares during the last quarter. Cornerstone Wealth Management LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the third quarter worth about $227,000. Cetera Advisors LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 237.8% during the first quarter. Cetera Advisors LLC now owns 78,179 shares of the company’s stock worth $2,114,000 after purchasing an additional 55,037 shares during the last quarter. Crumly & Associates Inc. boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 3.9% in the 2nd quarter. Crumly & Associates Inc. now owns 107,574 shares of the company’s stock worth $2,896,000 after purchasing an additional 4,028 shares in the last quarter. Finally, Simplicity Wealth LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter valued at about $230,000.

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

NYSEARCA:CGMS opened at $27.67 on Tuesday. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $26.08 and a 1-year high of $28.00. The business has a 50 day moving average of $27.63 and a 200 day moving average of $27.40.

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

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a $0.1076 dividend. The ex-dividend date was Friday, September 27th.

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.