Transcendent Capital Group LLC Raises Stock Holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

by · The Cerbat Gem

Transcendent Capital Group LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 4,442.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,734 shares of the company’s stock after purchasing an additional 52,551 shares during the quarter. Transcendent Capital Group LLC owned about 0.21% of Capital Group U.S. Multi-Sector Income ETF worth $1,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Lodestone Wealth Management LLC grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 1.2% in the 2nd quarter. Lodestone Wealth Management LLC now owns 40,967 shares of the company’s stock worth $1,103,000 after buying an additional 467 shares during the last quarter. Continuum Advisory LLC increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 13.1% during the second quarter. Continuum Advisory LLC now owns 5,171 shares of the company’s stock worth $139,000 after purchasing an additional 599 shares in the last quarter. Capital Planning LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 2.9% during the 2nd quarter. Capital Planning LLC now owns 25,761 shares of the company’s stock valued at $693,000 after purchasing an additional 716 shares during the last quarter. Olistico Wealth LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 149.5% in the 3rd quarter. Olistico Wealth LLC now owns 1,372 shares of the company’s stock worth $38,000 after purchasing an additional 822 shares in the last quarter. Finally, Clear Creek Financial Management LLC grew its stake in Capital Group U.S. Multi-Sector Income ETF by 13.7% during the 2nd quarter. Clear Creek Financial Management LLC now owns 9,896 shares of the company’s stock worth $266,000 after buying an additional 1,191 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.3 %

Shares of NYSEARCA:CGMS opened at $27.62 on Friday. The business’s 50-day moving average is $27.68 and its 200 day moving average is $27.34. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $25.56 and a 1 year high of $28.00.

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

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

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

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report).