Schuylkill Financial LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 124,391 shares of the company’s stock, valued at approximately $3,400,000. Capital Group U.S. Multi-Sector Income ETF comprises about 3.1% of Schuylkill Financial LLC’s investment portfolio, making the stock its 8th largest position. Schuylkill Financial LLC owned about 0.06% of Capital Group U.S. Multi-Sector Income ETF at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stephens Inc. AR boosted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 12.7% in the 4th quarter. Stephens Inc. AR now owns 682,526 shares of the company’s stock worth $18,851,000 after acquiring an additional 76,839 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at $1,307,000. RHL Group LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at $4,701,000. Vicus Capital raised its position in Capital Group U.S. Multi-Sector Income ETF by 42.3% in the 1st quarter. Vicus Capital now owns 497,504 shares of the company’s stock valued at $13,547,000 after purchasing an additional 148,007 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its position in Capital Group U.S. Multi-Sector Income ETF by 39.8% in the 4th quarter. Sunbelt Securities Inc. now owns 430,923 shares of the company’s stock valued at $11,902,000 after purchasing an additional 122,612 shares during the last quarter.
Capital Group U.S. Multi-Sector Income ETF Stock Performance
Capital Group U.S. Multi-Sector Income ETF stock opened at $27.00 on Friday. The firm has a market cap of $5.31 billion, a P/E ratio of 10.71 and a beta of 0.29. The business’s fifty day moving average is $27.19 and its two-hundred day moving average is $27.38. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $26.94 and a 52 week high of $28.08.
Capital Group U.S. Multi-Sector Income ETF Increases Dividend
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.
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