Atria Wealth Solutions Inc. Buys 171,788 Shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS)

Atria Wealth Solutions Inc. increased its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 2,067.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 180,097 shares of the company’s stock after purchasing an additional 171,788 shares during the period. Atria Wealth Solutions Inc. owned approximately 2.81% of Capital Group U.S. Multi-Sector Income ETF worth $4,889,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CGMS. DAVENPORT & Co LLC increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 73.0% in the third quarter. DAVENPORT & Co LLC now owns 46,074 shares of the company’s stock worth $1,176,000 after purchasing an additional 19,443 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 44.4% in the third quarter. Commonwealth Equity Services LLC now owns 397,265 shares of the company’s stock worth $10,140,000 after buying an additional 122,128 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 62.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 95,955 shares of the company’s stock worth $2,449,000 after buying an additional 37,023 shares in the last quarter. Total Clarity Wealth Management Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF in the third quarter worth approximately $635,000. Finally, Inspire Advisors LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 16.3% in the third quarter. Inspire Advisors LLC now owns 33,945 shares of the company’s stock worth $866,000 after buying an additional 4,748 shares in the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.4 %

Shares of CGMS opened at $26.78 on Friday. The stock has a 50 day simple moving average of $26.89 and a two-hundred day simple moving average of $26.55. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $25.00 and a 1 year high of $27.32.

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.