Markowski Investments bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 471,323 shares of the company’s stock, valued at approximately $12,881,000. Capital Group U.S. Multi-Sector Income ETF accounts for approximately 2.8% of Markowski Investments’ holdings, making the stock its 11th largest position. Markowski Investments owned approximately 0.24% of Capital Group U.S. Multi-Sector Income ETF as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Focus Partners Wealth acquired a new stake in Capital Group U.S. Multi-Sector Income ETF in the 1st quarter valued at approximately $1,048,000. NewEdge Advisors LLC boosted its position in Capital Group U.S. Multi-Sector Income ETF by 85.1% during the 2nd quarter. NewEdge Advisors LLC now owns 148,965 shares of the company’s stock worth $4,114,000 after acquiring an additional 68,484 shares during the last quarter. CLG LLC grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 7.4% during the 2nd quarter. CLG LLC now owns 47,423 shares of the company’s stock worth $1,310,000 after acquiring an additional 3,261 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 4.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 398,486 shares of the company’s stock worth $11,006,000 after acquiring 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 approximately $230,000.
Capital Group U.S. Multi-Sector Income ETF Trading Up 0.0%
Shares of CGMS stock opened at $27.00 on Friday. The firm’s fifty day moving average price is $27.19 and its two-hundred day moving average price is $27.38. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.94 and a 1 year high of $28.08. The firm has a market capitalization of $5.31 billion, a P/E ratio of 10.71 and a beta of 0.29.
Capital Group U.S. Multi-Sector Income ETF Increases Dividend
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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