Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) Position Boosted by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV lifted its holdings in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 2.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 335,249 shares of the company’s stock after acquiring an additional 9,223 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF makes up about 0.7% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 29th biggest holding. Creative Financial Designs Inc. ADV’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $9,152,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Capital A Wealth Management LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the fourth quarter valued at $25,000. NBC Securities Inc. lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 122,900.0% during the first quarter. NBC Securities Inc. now owns 1,230 shares of the company’s stock valued at $33,000 after purchasing an additional 1,229 shares during the last quarter. ORG Partners LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the first quarter valued at $41,000. GeoWealth Management LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $61,000. Finally, Larson Financial Group LLC increased its stake in Capital Group U.S. Multi-Sector Income ETF by 26.6% in the 4th quarter. Larson Financial Group LLC now owns 2,621 shares of the company’s stock worth $72,000 after purchasing an additional 551 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Trading Down 0.0%

NYSEARCA CGMS opened at $27.58 on Thursday. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $26.08 and a 1 year high of $28.00. The company has a market cap of $2.75 billion, a PE ratio of 10.71 and a beta of 0.35. The stock’s 50-day moving average price is $27.14 and its two-hundred day moving average price is $27.27.

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.