Creative Financial Designs Inc. ADV Acquires 4,156 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Creative Financial Designs Inc. ADV raised its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 326,026 shares of the company’s stock after purchasing an additional 4,156 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $8,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $51,000. VisionPoint Advisory Group LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $59,000. Larson Financial Group LLC grew its stake in Capital Group U.S. Multi-Sector Income ETF by 26.6% in the 4th quarter. Larson Financial Group LLC now owns 2,621 shares of the company’s stock valued at $72,000 after purchasing an additional 551 shares during the period. AdvisorNet Financial Inc bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $74,000. Finally, HHM Wealth Advisors LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $74,000.

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

Shares of NYSEARCA:CGMS opened at $27.35 on Monday. The company has a market capitalization of $2.41 billion, a PE ratio of 16.63 and a beta of 0.39. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.49 and a 1 year high of $28.00. The business has a fifty day moving average price of $27.45 and a two-hundred day moving average price of $27.54.

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

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

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