SageView Advisory Group LLC raised its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 33.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,300 shares of the company’s stock after buying an additional 5,789 shares during the period. SageView Advisory Group LLC owned about 0.36% of Capital Group U.S. Multi-Sector Income ETF worth $632,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 95.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 777,213 shares of the company’s stock valued at $20,977,000 after buying an additional 379,948 shares in the last quarter. LPL Financial LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 237.3% during the third quarter. LPL Financial LLC now owns 474,407 shares of the company’s stock worth $12,109,000 after purchasing an additional 333,766 shares in the last quarter. Lincoln National Corp increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 27.5% during the fourth quarter. Lincoln National Corp now owns 422,987 shares of the company’s stock worth $11,416,000 after purchasing an additional 91,272 shares in the last quarter. Winch Advisory Services LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 8,056.9% during the fourth quarter. Winch Advisory Services LLC now owns 285,248 shares of the company’s stock worth $7,699,000 after purchasing an additional 281,751 shares in the last quarter. Finally, Valmark Advisers Inc. purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth about $5,883,000.

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

CGMS stock opened at $27.13 on Wednesday. The firm has a 50-day simple moving average of $26.89 and a 200-day simple moving average of $26.91. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $25.00 and a 52 week high of $27.32.

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.

See Also

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