Alchemi Wealth LLC Buys New Shares in Capital Group U.S. Multi-Sector Income ETF $CGMS

Alchemi Wealth LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 26,563 shares of the company’s stock, valued at approximately $734,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN lifted its stake in Capital Group U.S. Multi-Sector Income ETF by 44.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,404,827 shares of the company’s stock worth $149,281,000 after purchasing an additional 1,658,572 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 72.3% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 13,041 shares of the company’s stock valued at $360,000 after purchasing an additional 5,471 shares in the last quarter. Summit Financial LLC increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 13.0% in the fourth quarter. Summit Financial LLC now owns 313,039 shares of the company’s stock valued at $8,646,000 after purchasing an additional 36,093 shares in the last quarter. Saiph Capital LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 11.2% during the 4th quarter. Saiph Capital LLC now owns 84,358 shares of the company’s stock worth $2,330,000 after acquiring an additional 8,486 shares during the period. Finally, Orion Porfolio Solutions LLC grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 11.8% during the fourth quarter. Orion Porfolio Solutions LLC now owns 126,326 shares of the company’s stock worth $3,489,000 after purchasing an additional 13,348 shares during the period.

Capital Group U.S. Multi-Sector Income ETF Stock Down 0.1%

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.48 on Friday. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $27.01 and a 12 month high of $28.08. The business has a fifty day simple moving average of $27.50 and a 200 day simple moving average of $27.59. The stock has a market cap of $4.70 billion, a PE ratio of 10.71 and a beta of 0.29.

Capital Group U.S. Multi-Sector Income ETF Company 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.