37,201 Shares in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Bought by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMSFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 37,201 shares of the company’s stock, valued at approximately $1,015,000. Koshinski Asset Management Inc. owned about 0.14% of Capital Group U.S. Multi-Sector Income ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Great Valley Advisor Group Inc. acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at approximately $46,477,000. Cetera Investment Advisers boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 185.8% in the 2nd quarter. Cetera Investment Advisers now owns 914,999 shares of the company’s stock valued at $24,632,000 after purchasing an additional 594,834 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised 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 buying an additional 479,500 shares during the last quarter. DeDora Capital Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at $11,885,000. Finally, Stifel Financial Corp boosted its position in Capital Group U.S. Multi-Sector Income ETF by 453.4% during the third quarter. Stifel Financial Corp now owns 497,812 shares of the company’s stock valued at $13,859,000 after acquiring an additional 407,858 shares during the last quarter.

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

CGMS stock opened at $27.48 on Wednesday. The stock has a 50-day moving average price of $27.43 and a 200-day moving average price of $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 firm also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were issued a $0.127 dividend. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous dividend of $0.11. The ex-dividend date was Friday, November 29th.

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

See Also

Want to see what other hedge funds are holding CGMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMSFree Report).

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

Receive News & Ratings for Capital Group U.S. Multi-Sector Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group U.S. Multi-Sector Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.