Sigma Planning Corp lowered its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 46.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,575 shares of the company’s stock after selling 23,098 shares during the quarter. Sigma Planning Corp owned about 0.42% of Capital Group U.S. Multi-Sector Income ETF worth $717,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vicus Capital increased its position in Capital Group U.S. Multi-Sector Income ETF by 385.2% during the fourth quarter. Vicus Capital now owns 166,655 shares of the company’s stock worth $4,498,000 after acquiring an additional 132,304 shares during the period. Western Wealth Management LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $367,000. Crumly & Associates Inc. increased its holdings in Capital Group U.S. Multi-Sector Income ETF by 11.0% in the 4th quarter. Crumly & Associates Inc. now owns 109,146 shares of the company’s stock valued at $2,946,000 after buying an additional 10,819 shares during the period. WESPAC Advisors LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $216,000. Finally, Confluence Wealth Services Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $2,201,000.
Capital Group U.S. Multi-Sector Income ETF Price Performance
Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $26.72 on Thursday. The company’s fifty day moving average price is $26.90 and its two-hundred day moving average price is $26.55. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $25.00 and a 52-week high of $27.32.
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.
Further Reading
- Five stocks we like better than Capital Group U.S. Multi-Sector Income ETF
- The 3 Best Blue-Chip Stocks to Buy Now
- High-Yield Texas Instruments Could Hit New Highs Soon
- What are earnings reports?
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- What is the Shanghai Stock Exchange Composite Index?
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Want to see what other hedge funds are holding CGMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report).
Receive News & Ratings for Capital Group U.S. Multi-Sector Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group U.S. Multi-Sector Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
