Sanctuary Advisors LLC Acquires 72,431 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Sanctuary Advisors LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 23.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 377,176 shares of the company’s stock after buying an additional 72,431 shares during the quarter. Sanctuary Advisors LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $10,270,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. boosted its holdings in shares of 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 worth $6,234,000 after purchasing an additional 18,758 shares during the period. Bouvel Investment Partners LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF by 9.5% during the 4th quarter. Bouvel Investment Partners LLC now owns 231,976 shares of the company’s stock valued at $6,407,000 after buying an additional 20,104 shares during the period. Stratos Wealth Partners LTD. lifted its position in Capital Group U.S. Multi-Sector Income ETF by 43.9% in 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 during the last quarter. Stephens Inc. AR lifted its position in Capital Group U.S. Multi-Sector Income ETF by 12.7% in the fourth quarter. Stephens Inc. AR now owns 682,526 shares of the company’s stock worth $18,851,000 after buying an additional 76,839 shares during the last quarter. Finally, Capital Advantage Inc. boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 6.4% during the fourth quarter. Capital Advantage Inc. now owns 2,308,168 shares of the company’s stock worth $63,752,000 after buying an additional 138,954 shares during the period.

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

CGMS stock opened at $27.30 on Friday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $27.01 and a twelve month high of $28.08. The stock has a market capitalization of $5.21 billion, a price-to-earnings ratio of 10.71 and a beta of 0.29. The firm’s fifty day simple moving average is $27.41 and its two-hundred day simple moving average is $27.53.

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.