Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Shares Purchased by Crumly & Associates Inc.

Crumly & Associates Inc. raised its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 68.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 181,635 shares of the company’s stock after buying an additional 74,061 shares during the period. Capital Group U.S. Multi-Sector Income ETF comprises about 1.4% of Crumly & Associates Inc.’s portfolio, making the stock its 24th largest holding. Crumly & Associates Inc.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $5,057,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 201.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,427,118 shares of the company’s stock worth $38,418,000 after purchasing an additional 953,285 shares in the last quarter. Cetera Investment Advisers lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 185.8% during the second quarter. Cetera Investment Advisers now owns 914,999 shares of the company’s stock worth $24,632,000 after purchasing an additional 594,834 shares in the last quarter. LPL Financial LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 43.2% during the second quarter. LPL Financial LLC now owns 1,894,706 shares of the company’s stock worth $51,005,000 after purchasing an additional 571,611 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 58.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock worth $36,016,000 after purchasing an additional 479,500 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the second quarter worth $11,970,000.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.2 %

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.60 on Friday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $25.56 and a twelve month high of $28.00. The stock’s fifty day simple moving average is $27.68 and its 200-day simple moving average is $27.34.

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 issued a $0.1076 dividend. The ex-dividend date of this dividend 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.