Sigma Planning Corp boosted its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 116.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,471 shares of the company’s stock after buying an additional 19,632 shares during the quarter. Sigma Planning Corp’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $993,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. NWF Advisory Services Inc. grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 0.6% during the 1st quarter. NWF Advisory Services Inc. now owns 200,348 shares of the company’s stock valued at $5,455,000 after acquiring an additional 1,163 shares in the last quarter. CAP Partners LLC raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 2.9% during the first quarter. CAP Partners LLC now owns 22,029 shares of the company’s stock worth $600,000 after acquiring an additional 623 shares in the last quarter. International Assets Investment Management LLC boosted its position in Capital Group U.S. Multi-Sector Income ETF by 44.2% during the first quarter. International Assets Investment Management LLC now owns 68,245 shares of the company’s stock valued at $1,862,000 after purchasing an additional 20,920 shares during the last quarter. Diversify Wealth Management LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the first quarter valued at $872,000. Finally, Valmark Advisers Inc. boosted its position in Capital Group U.S. Multi-Sector Income ETF by 135.9% during the first quarter. Valmark Advisers Inc. now owns 1,525,745 shares of the company’s stock valued at $41,546,000 after purchasing an additional 879,055 shares during the last quarter.
Capital Group U.S. Multi-Sector Income ETF Price Performance
Shares of NYSEARCA CGMS opened at $27.30 on Friday. Capital Group U.S. Multi-Sector Income ETF has a one year low of $27.01 and a one year high of $28.08. The business’s 50-day moving average price is $27.41 and its two-hundred day moving average price is $27.53. The company has a market capitalization of $5.21 billion, a P/E ratio of 10.71 and a beta of 0.29.
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.
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