Rockefeller Capital Management L.P. boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 43.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 427,545 shares of the company’s stock after buying an additional 129,705 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.28% of Capital Group U.S. Multi-Sector Income ETF worth $11,809,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Bogart Wealth LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at $27,000. Arax Advisory Partners purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $27,000. Flagship Harbor Advisors LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth $31,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth $53,000. Finally, Olistico Wealth LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth $54,000.
Capital Group U.S. Multi-Sector Income ETF Price Performance
Shares of CGMS stock opened at $27.48 on Thursday. 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 stock’s 50-day moving average is $27.50 and its 200 day moving average is $27.57. The company has a market cap 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 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.
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