Advisortrust Partners LLC Buys Shares of 33,371 Capital Group U.S. Multi-Sector Income ETF $CGMS

Advisortrust Partners LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,371 shares of the company’s stock, valued at approximately $922,000.

A number of other large investors have also made changes to their positions in CGMS. Nations Financial Group Inc. IA ADV lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 1.1% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 35,036 shares of the company’s stock worth $968,000 after purchasing an additional 373 shares during the period. Wayfinding Financial LLC increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 0.4% during the third quarter. Wayfinding Financial LLC now owns 105,633 shares of the company’s stock valued at $2,931,000 after buying an additional 385 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 1.9% in the third quarter. Wealthcare Advisory Partners LLC now owns 23,316 shares of the company’s stock worth $647,000 after acquiring an additional 432 shares during the period. Apollon Wealth Management LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 0.8% in the fourth quarter. Apollon Wealth Management LLC now owns 54,344 shares of the company’s stock worth $1,501,000 after acquiring an additional 439 shares during the period. Finally, Bridgewealth Advisory Group LLC boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 2.8% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 16,486 shares of the company’s stock worth $455,000 after acquiring an additional 445 shares during the last quarter.

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

Shares of CGMS stock opened at $27.47 on Friday. The company has a market cap of $4.69 billion, a price-to-earnings 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 firm has a fifty day moving average price of $27.51 and a 200-day moving average price of $27.57.

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.