RFP Financial Group LLC Has $229,000 Position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

RFP Financial Group LLC decreased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 96.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,405 shares of the company’s stock after selling 255,768 shares during the period. RFP Financial Group LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $229,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth about $51,000. Brookstone Capital Management bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth approximately $542,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter worth approximately $227,000. Farther Finance Advisors LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at approximately $84,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 30.8% during the third quarter. Janney Montgomery Scott LLC now owns 57,816 shares of the company’s stock valued at $1,610,000 after buying an additional 13,608 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.3 %

Shares of CGMS stock opened at $27.44 on Friday. Capital Group U.S. Multi-Sector Income ETF has a one year low of $26.49 and a one year high of $28.00. The firm has a 50-day moving average of $27.42 and a 200-day moving average of $27.53.

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

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a dividend of $0.1089 per share. The ex-dividend date was Friday, January 31st.

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

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.