Capital Group U.S. Multi-Sector Income ETF $CGMS Shares Bought by Stephens Inc. AR

Stephens Inc. AR grew its stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 703,100 shares of the company’s stock after purchasing an additional 20,574 shares during the period. Stephens Inc. AR owned about 0.41% of Capital Group U.S. Multi-Sector Income ETF worth $19,145,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bogart Wealth LLC purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the fourth quarter valued at $27,000. Arax Advisory Partners acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at about $27,000. Flagship Harbor Advisors LLC acquired a new stake in Capital Group U.S. Multi-Sector Income ETF in the fourth quarter valued at approximately $31,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $53,000. Finally, Olistico Wealth LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF in the fourth quarter worth about $54,000.

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

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.38 on Monday. The stock has a 50 day moving average price of $27.46 and a two-hundred day moving average price of $27.55. The stock has a market capitalization of $5.18 billion, a P/E ratio of 10.71 and a beta of 0.29. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $27.01 and a 12-month high of $28.08.

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.