Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Bought by World Investment Advisors

World Investment Advisors increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 82.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,116 shares of the company’s stock after buying an additional 29,850 shares during the period. World Investment Advisors’ holdings in Capital Group U.S. Multi-Sector Income ETF were worth $1,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. D.A. Davidson & CO. raised its stake in Capital Group U.S. Multi-Sector Income ETF by 9.1% in the 4th quarter. D.A. Davidson & CO. now owns 225,710 shares of the company’s stock valued at $6,234,000 after purchasing an additional 18,758 shares during the last quarter. Bouvel Investment Partners LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 9.5% during the fourth quarter. Bouvel Investment Partners LLC now owns 231,976 shares of the company’s stock worth $6,407,000 after buying an additional 20,104 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 43.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 176,954 shares of the company’s stock worth $4,887,000 after buying an additional 53,998 shares in the last quarter. Capital Advantage Inc. raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 6.4% in the fourth quarter. Capital Advantage Inc. now owns 2,308,168 shares of the company’s stock valued at $63,752,000 after buying an additional 138,954 shares during the last quarter. Finally, Regatta Capital Group LLC raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 6,655.7% in the fourth quarter. Regatta Capital Group LLC now owns 779,270 shares of the company’s stock valued at $21,523,000 after buying an additional 767,735 shares during the last quarter.

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

CGMS stock opened at $27.31 on Wednesday. The company has a market cap of $5.17 billion, a price-to-earnings ratio of 10.71 and a beta of 0.29. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $27.01 and a 12 month high of $28.08. The firm has a 50-day moving average of $27.45 and a two-hundred day moving average of $27.55.

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.