Patriot Financial Group Insurance Agency LLC Has $930,000 Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Patriot Financial Group Insurance Agency LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 55.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,538 shares of the company’s stock after purchasing an additional 12,334 shares during the period. Patriot Financial Group Insurance Agency LLC owned about 0.13% of Capital Group U.S. Multi-Sector Income ETF worth $930,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 24.8% during the first quarter. Commonwealth Equity Services LLC now owns 969,746 shares of the company’s stock worth $26,222,000 after buying an additional 192,533 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 37.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 814,193 shares of the company’s stock worth $21,918,000 after buying an additional 220,546 shares during the last quarter. Raymond James & Associates increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 161.7% during the second quarter. Raymond James & Associates now owns 571,884 shares of the company’s stock worth $15,395,000 after buying an additional 353,347 shares during the last quarter. Lincoln National Corp increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 28.5% during the first quarter. Lincoln National Corp now owns 543,425 shares of the company’s stock worth $14,694,000 after buying an additional 120,438 shares during the last quarter. Finally, TrueWealth Advisors LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 20.8% during the second quarter. TrueWealth Advisors LLC now owns 527,064 shares of the company’s stock worth $14,189,000 after buying an additional 90,577 shares during the last quarter.

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

Shares of NYSEARCA:CGMS traded down $0.01 on Wednesday, hitting $27.71. The company had a trading volume of 228,884 shares, compared to its average volume of 310,154. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $25.00 and a 1-year high of $27.75. The stock has a 50 day moving average price of $27.30 and a 200 day moving average price of $27.05.

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

The business also recently disclosed a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were issued a $0.1548 dividend. The ex-dividend date was Wednesday, July 31st.

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