Strategic Family Wealth Counselors L.L.C. Has $730,000 Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Strategic Family Wealth Counselors L.L.C. lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 25.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,233 shares of the company’s stock after acquiring an additional 5,339 shares during the period. Strategic Family Wealth Counselors L.L.C. owned 0.10% of Capital Group U.S. Multi-Sector Income ETF worth $730,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC grew its holdings 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 valued at $51,005,000 after purchasing an additional 571,611 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 26.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,531,827 shares of the company’s stock valued at $42,646,000 after acquiring an additional 320,620 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Capital Group U.S. Multi-Sector Income ETF by 201.2% in the second quarter. Envestnet Asset Management Inc. now owns 1,427,118 shares of the company’s stock worth $38,418,000 after acquiring an additional 953,285 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 58.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock valued at $36,016,000 after purchasing an additional 479,500 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in 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 worth $24,632,000 after purchasing an additional 594,834 shares during the period.

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

Shares of CGMS traded up $0.05 during trading hours on Friday, hitting $27.59. The company had a trading volume of 151,711 shares, compared to its average volume of 385,841. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $25.56 and a 52-week high of $28.00. The stock’s 50 day moving average price is $27.68 and its 200 day moving average price is $27.33.

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

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

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.