Calton & Associates Inc. Buys New Stake in Capital Group U.S. Multi-Sector Income ETF $CGMS

Calton & Associates Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 32,308 shares of the company’s stock, valued at approximately $892,000.

Several other large investors have also recently made changes to their positions in CGMS. Bogart Wealth LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $27,000. Marshall & Sterling Wealth Advisors Inc. lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 81.7% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 1,061 shares of the company’s stock valued at $29,000 after purchasing an additional 477 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $31,000. Olistico Wealth LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $54,000. Finally, Cape Investment Advisory Inc. lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 422.7% in the 3rd quarter. Cape Investment Advisory Inc. now owns 2,629 shares of the company’s stock valued at $73,000 after purchasing an additional 2,126 shares during the period.

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

CGMS opened at $27.42 on Thursday. The firm has a fifty day moving average price of $27.47 and a 200 day moving average price of $27.59. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $27.01 and a 1 year high of $28.08. The stock has a market cap of $4.69 billion, a P/E ratio of 10.71 and a beta of 0.30.

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.