Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Bought by Sigma Planning Corp

Sigma Planning Corp grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 116.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,471 shares of the company’s stock after purchasing an additional 19,632 shares during the period. Sigma Planning Corp’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $993,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in CGMS. LPL Financial LLC grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 30.8% in the 4th quarter. LPL Financial LLC now owns 15,366,839 shares of the company’s stock worth $424,432,000 after acquiring an additional 3,616,255 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 44.3% during the fourth 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 last quarter. UBS Group AG boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 49.2% in 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. Valmark Advisers Inc. boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 135.9% in the 1st quarter. Valmark Advisers Inc. now owns 1,525,745 shares of the company’s stock valued at $41,546,000 after purchasing an additional 879,055 shares during the period. Finally, Raymond James Financial Inc. increased its stake in Capital Group U.S. Multi-Sector Income ETF by 19.9% in the 4th quarter. Raymond James Financial Inc. now owns 5,202,259 shares of the company’s stock worth $143,686,000 after purchasing an additional 863,369 shares in the last quarter.

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

Shares of CGMS opened at $27.30 on Friday. The business’s 50-day moving average price is $27.41 and its 200 day moving average price is $27.53. The stock has a market capitalization of $5.21 billion, a P/E ratio of 10.71 and a beta of 0.29. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $27.01 and a 1-year high of $28.08.

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