Compton Financial Group LLC Buys 261,162 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Compton Financial Group LLC raised its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 1,649.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 276,997 shares of the company’s stock after acquiring an additional 261,162 shares during the period. Capital Group U.S. Multi-Sector Income ETF makes up 1.7% of Compton Financial Group LLC’s portfolio, making the stock its 15th largest holding. Compton Financial Group LLC owned approximately 0.16% of Capital Group U.S. Multi-Sector Income ETF worth $7,543,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in CGMS. Nations Financial Group Inc. IA ADV increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 1.1% in the fourth 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 last quarter. Wayfinding Financial LLC boosted its stake 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. Burford Brothers Inc. grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 1.4% during the 1st quarter. Burford Brothers Inc. now owns 30,956 shares of the company’s stock valued at $843,000 after buying an additional 414 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in Capital Group U.S. Multi-Sector Income ETF by 0.8% during the 4th quarter. Apollon Wealth Management LLC now owns 54,344 shares of the company’s stock valued at $1,501,000 after buying an additional 439 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC increased its stake in Capital Group U.S. Multi-Sector Income ETF by 2.8% in 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 opened at $27.38 on Monday. The stock has a market capitalization of $5.18 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 business’s 50 day simple moving average is $27.46 and its 200-day simple moving average is $27.55.

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.