Skyline Advisors Inc. Acquires 26,992 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Skyline Advisors Inc. raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 526,892 shares of the company’s stock after acquiring an additional 26,992 shares during the period. Capital Group U.S. Multi-Sector Income ETF makes up about 4.9% of Skyline Advisors Inc.’s portfolio, making the stock its 8th biggest position. Skyline Advisors Inc. owned about 0.36% of Capital Group U.S. Multi-Sector Income ETF worth $14,553,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Cullen Frost Bankers Inc. grew its position in Capital Group U.S. Multi-Sector Income ETF by 28.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 155,980 shares of the company’s stock worth $4,328,000 after purchasing an additional 34,091 shares during the period. EQ Wealth Advisors LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 8.1% in the 3rd quarter. EQ Wealth Advisors LLC now owns 522,997 shares of the company’s stock valued at $14,513,000 after buying an additional 39,319 shares during the period. TruWealth Advisors LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 4.8% in the third quarter. TruWealth Advisors LLC now owns 731,665 shares of the company’s stock worth $20,304,000 after buying an additional 33,718 shares during the last quarter. Centennial Wealth Advisory LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 53.5% in the third quarter. Centennial Wealth Advisory LLC now owns 224,265 shares of the company’s stock worth $6,223,000 after buying an additional 78,204 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 13.2% during the third quarter. Assetmark Inc. now owns 289,878 shares of the company’s stock worth $8,044,000 after acquiring an additional 33,822 shares during the period.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.2%

Shares of NYSEARCA:CGMS opened at $27.21 on Wednesday. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $26.08 and a 12-month high of $28.08. The company has a market capitalization of $4.12 billion, a PE ratio of 10.71 and a beta of 0.34. The business has a 50 day moving average of $27.63 and a two-hundred day moving average of $27.71.

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

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.1148 dividend. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.1%. This is an increase from Capital Group U.S. Multi-Sector Income ETF’s previous monthly dividend of $0.11.

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.