Advisortrust Partners LLC Buys 21,166 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Advisortrust Partners LLC increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 63.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,537 shares of the company’s stock after buying an additional 21,166 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF accounts for about 0.6% of Advisortrust Partners LLC’s investment portfolio, making the stock its 29th largest position. Advisortrust Partners LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $1,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in CGMS. Focus Partners Wealth bought a new position in Capital Group U.S. Multi-Sector Income ETF during the 1st quarter valued at about $1,048,000. NewEdge Advisors LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 85.1% in the second quarter. NewEdge Advisors LLC now owns 148,965 shares of the company’s stock worth $4,114,000 after purchasing an additional 68,484 shares in the last quarter. CLG LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 7.4% during the second quarter. CLG LLC now owns 47,423 shares of the company’s stock worth $1,310,000 after purchasing an additional 3,261 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 4.6% in the second quarter. Benjamin Edwards Inc. now owns 398,486 shares of the company’s stock valued at $11,006,000 after buying an additional 17,345 shares in the last quarter. Finally, IHT Wealth Management LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the second quarter valued at $230,000.

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

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.30 on Friday. The stock has a 50-day simple moving average of $27.41 and a 200 day simple moving average of $27.53. The stock has a market capitalization of $5.21 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 12-month low of $27.01 and a 12-month high of $28.08.

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.