Benjamin F. Edwards & Company Inc. Has $5.94 Million Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 24.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 220,822 shares of the company’s stock after buying an additional 43,555 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $5,944,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CGMS. LPL Financial LLC boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 43.2% in the 2nd quarter. LPL Financial LLC now owns 1,894,706 shares of the company’s stock valued at $51,005,000 after buying an additional 571,611 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 201.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,427,118 shares of the company’s stock valued at $38,418,000 after acquiring an additional 953,285 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 24.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,211,207 shares of the company’s stock worth $32,606,000 after purchasing an additional 241,461 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 37.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 814,193 shares of the company’s stock worth $21,918,000 after purchasing an additional 220,546 shares during the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 161.7% in the 2nd quarter. Raymond James & Associates now owns 571,884 shares of the company’s stock valued at $15,395,000 after purchasing an additional 353,347 shares during the period.

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

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.94 on Friday. The stock has a 50-day simple moving average of $27.54 and a 200 day simple moving average of $27.16. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $25.00 and a 52 week high of $28.00.

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

The firm also recently announced a dividend, which was paid on Thursday, August 1st. Stockholders of record on Wednesday, July 31st were paid a dividend of $0.1548 per share. 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.