33,371 Shares in Capital Group U.S. Multi-Sector Income ETF $CGMS Acquired by Advisortrust Partners LLC

Advisortrust Partners LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 33,371 shares of the company’s stock, valued at approximately $922,000.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 30.8% in the fourth quarter. LPL Financial LLC now owns 15,366,839 shares of the company’s stock worth $424,432,000 after purchasing an additional 3,616,255 shares during the period. Wells Fargo & Company MN raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 44.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,404,827 shares of the company’s stock valued at $149,281,000 after purchasing an additional 1,658,572 shares during the period. UBS Group AG raised its position in shares of Capital Group U.S. Multi-Sector Income ETF by 49.2% during the 3rd quarter. UBS Group AG now owns 3,524,945 shares of the company’s stock valued at $97,817,000 after purchasing an additional 1,162,393 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 19.9% during the 4th quarter. Raymond James Financial Inc. now owns 5,202,259 shares of the company’s stock valued at $143,686,000 after buying an additional 863,369 shares in the last quarter. Finally, Regatta Capital Group LLC lifted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 6,655.7% during the 4th quarter. Regatta Capital Group LLC now owns 779,270 shares of the company’s stock valued at $21,523,000 after buying an additional 767,735 shares in the last quarter.

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

NYSEARCA:CGMS opened at $27.47 on Friday. 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 stock has a 50-day moving average price of $27.51 and a 200 day moving average price of $27.57. The stock has a market capitalization of $4.69 billion, a P/E ratio of 10.71 and a beta of 0.29.

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.