Total Clarity Wealth Management Inc. Boosts Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Total Clarity Wealth Management Inc. raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 47.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,032 shares of the company’s stock after buying an additional 42,287 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF comprises approximately 1.2% of Total Clarity Wealth Management Inc.’s holdings, making the stock its 17th largest position. Total Clarity Wealth Management Inc. owned about 0.51% of Capital Group U.S. Multi-Sector Income ETF worth $3,554,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 82.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 22,307 shares of the company’s stock worth $602,000 after purchasing an additional 10,071 shares during the period. Kingsview Wealth Management LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 26.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 10,420 shares of the company’s stock worth $281,000 after buying an additional 2,207 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Capital Group U.S. Multi-Sector Income ETF by 33.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 127,800 shares of the company’s stock valued at $3,449,000 after acquiring an additional 31,845 shares during the last quarter. SageView Advisory Group LLC raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 33.1% in the fourth quarter. SageView Advisory Group LLC now owns 23,300 shares of the company’s stock valued at $632,000 after acquiring an additional 5,789 shares during the period. Finally, Hoylecohen LLC bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth about $1,722,000.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.3 %

CGMS stock opened at $27.82 on Monday. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $25.00 and a 12 month high of $27.84. The company has a 50-day moving average price of $27.47 and a 200 day moving average price of $27.13.

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

The firm also recently announced a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were given a dividend of $0.1548 per share. The ex-dividend date of this dividend was Wednesday, July 31st.

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

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.