Valmark Advisers Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 217,959 shares of the company’s stock, valued at approximately $5,883,000.
Other large investors also recently modified their holdings of the company. Private Trust Co. NA bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at about $25,000. Winch Advisory Services LLC bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $89,000. Atria Wealth Solutions Inc. bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at about $212,000. Bond & Devick Financial Network Inc. bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at about $212,000. Finally, WESPAC Advisors LLC bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at about $216,000.
Capital Group U.S. Multi-Sector Income ETF Stock Up 0.4 %
Shares of CGMS stock traded up $0.10 on Friday, reaching $26.78. The stock had a trading volume of 135,452 shares, compared to its average volume of 245,812. The firm’s 50-day moving average is $26.89 and its two-hundred day moving average is $26.56. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $25.00 and a 12 month high of $27.32.
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.
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