Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Purchased by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC raised its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 99.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 453,756 shares of the company’s stock after acquiring an additional 226,312 shares during the period. Capital Group U.S. Multi-Sector Income ETF makes up 3.0% of Centennial Wealth Advisory LLC’s portfolio, making the stock its 10th biggest holding. Centennial Wealth Advisory LLC owned approximately 0.27% of Capital Group U.S. Multi-Sector Income ETF worth $12,356,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Blueprint Investment Partners LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF in the 3rd quarter valued at approximately $707,000. D.A. Davidson & CO. lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 9.1% during the fourth quarter. D.A. Davidson & CO. now owns 225,710 shares of the company’s stock worth $6,234,000 after buying an additional 18,758 shares during the last quarter. Bouvel Investment Partners LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 9.5% during the fourth quarter. Bouvel Investment Partners LLC now owns 231,976 shares of the company’s stock worth $6,407,000 after buying an additional 20,104 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 43.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 176,954 shares of the company’s stock valued at $4,887,000 after acquiring an additional 53,998 shares during the period. Finally, Capital Advantage Inc. boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 6.4% in the fourth quarter. Capital Advantage Inc. now owns 2,308,168 shares of the company’s stock valued at $63,752,000 after acquiring an additional 138,954 shares during the period.

Capital Group U.S. Multi-Sector Income ETF Trading Up 0.0%

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.42 on Wednesday. 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 company’s fifty day simple moving average is $27.51 and its 200-day simple moving average is $27.57. 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 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.