Great Valley Advisor Group Inc. Has $83.53 Million Stock Holdings in Capital Group U.S. Multi-Sector Income ETF $CGMS

Great Valley Advisor Group Inc. raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 13.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,024,203 shares of the company’s stock after acquiring an additional 368,131 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF makes up 1.6% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 7th largest holding. Great Valley Advisor Group Inc. owned about 2.00% of Capital Group U.S. Multi-Sector Income ETF worth $83,528,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGMS. LPL Financial LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 30.8% during the fourth quarter. LPL Financial LLC now owns 15,366,839 shares of the company’s stock valued at $424,432,000 after acquiring an additional 3,616,255 shares during the period. UBS Group AG increased its position in Capital Group U.S. Multi-Sector Income ETF by 49.2% in the third quarter. UBS Group AG now owns 3,524,945 shares of the company’s stock worth $97,817,000 after purchasing an additional 1,162,393 shares during the period. Regatta Capital Group LLC increased its position in 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 worth $21,523,000 after purchasing an additional 767,735 shares during the period. Raymond James Financial Inc. increased its position in Capital Group U.S. Multi-Sector Income ETF by 9.1% in the third quarter. Raymond James Financial Inc. now owns 4,338,890 shares of the company’s stock worth $120,404,000 after purchasing an additional 360,166 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Capital Group U.S. Multi-Sector Income ETF by 663.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 376,386 shares of the company’s stock worth $10,396,000 after buying an additional 327,102 shares during the period.

Capital Group U.S. Multi-Sector Income ETF Trading Up 0.6%

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.50 on Friday. The firm has a market capitalization of $4.70 billion, a P/E ratio of 10.71 and a beta of 0.29. 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 business has a 50-day moving average of $27.50 and a 200-day moving average of $27.59.

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.