Beacon Financial Advisory LLC Has $300,000 Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Beacon Financial Advisory LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMSFree Report) by 8.0% in the fourth quarter, Holdings Channel reports. The fund owned 10,998 shares of the company’s stock after acquiring an additional 819 shares during the period. Beacon Financial Advisory LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $300,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Ashton Thomas Securities LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at approximately $31,000. NBC Securities Inc. acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the third quarter worth $34,000. Strategic Investment Solutions Inc. IL bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at $50,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth $51,000. Finally, AdvisorNet Financial Inc bought a new position in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth about $74,000.

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

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.52 on Friday. The stock’s 50-day moving average is $27.42 and its 200-day moving average is $27.53. Capital Group U.S. Multi-Sector Income ETF has a one year low of $26.49 and a one year high of $28.00.

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

The company also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a $0.1089 dividend. The ex-dividend date was Friday, January 31st.

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

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

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