OakTrust Wealth Advisors LLC Purchases New Shares in Capital Group U.S. Multi-Sector Income ETF $CGMS

OakTrust Wealth Advisors LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 167,216 shares of the company’s stock, valued at approximately $4,619,000. Capital Group U.S. Multi-Sector Income ETF comprises 4.3% of OakTrust Wealth Advisors LLC’s holdings, making the stock its 9th largest position. OakTrust Wealth Advisors LLC owned 0.11% of Capital Group U.S. Multi-Sector Income ETF as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Focus Partners Wealth bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 1st quarter worth approximately $1,048,000. NewEdge Advisors LLC lifted its stake in shares of 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 valued at $4,114,000 after buying an additional 68,484 shares in the last quarter. CLG LLC lifted 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 valued at $1,310,000 after buying an additional 3,261 shares in the last quarter. Benjamin Edwards Inc. boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 4.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 398,486 shares of the company’s stock worth $11,006,000 after buying an additional 17,345 shares during the period. Finally, IHT Wealth Management LLC bought a new position in Capital Group U.S. Multi-Sector Income ETF in the 2nd quarter worth approximately $230,000.

Capital Group U.S. Multi-Sector Income ETF Stock Performance

Shares of NYSEARCA CGMS opened at $27.47 on Friday. The stock has a market cap of $4.69 billion, a PE ratio of 10.71 and a beta of 0.29. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $27.01 and a fifty-two week high of $28.08. The stock has a fifty day moving average of $27.51 and a 200-day moving average of $27.58.

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.