Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 18.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 987,033 shares of the company’s stock after buying an additional 152,202 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $26,877,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. D.A. Davidson & CO. lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 9.1% in the fourth quarter. D.A. Davidson & CO. now owns 225,710 shares of the company’s stock valued at $6,234,000 after purchasing an additional 18,758 shares in the last quarter. Bouvel Investment Partners LLC increased its stake in Capital Group U.S. Multi-Sector Income ETF by 9.5% in the fourth quarter. Bouvel Investment Partners LLC now owns 231,976 shares of the company’s stock valued at $6,407,000 after purchasing an additional 20,104 shares during the last quarter. Capital Advantage Inc. increased its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 6.4% during the 4th quarter. Capital Advantage Inc. now owns 2,308,168 shares of the company’s stock valued at $63,752,000 after acquiring an additional 138,954 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in Capital Group U.S. Multi-Sector Income ETF by 43.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 176,954 shares of the company’s stock worth $4,887,000 after purchasing an additional 53,998 shares during the period. Finally, Regatta Capital Group LLC raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 6,655.7% in the 4th quarter. Regatta Capital Group LLC now owns 779,270 shares of the company’s stock worth $21,523,000 after buying an additional 767,735 shares during the period.

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

Shares of NYSEARCA:CGMS traded down $0.03 during trading on Friday, reaching $27.28. 1,043,672 shares of the stock were exchanged, compared to its average volume of 1,009,018. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $27.01 and a 12-month high of $28.08. The firm’s 50-day moving average price is $27.43 and its 200 day moving average price is $27.54. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 10.71 and a beta of 0.29.

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.