Rockefeller Capital Management L.P. Boosts Holdings in Capital Group U.S. Multi-Sector Income ETF $CGMS

Rockefeller Capital Management L.P. raised its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 43.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 427,545 shares of the company’s stock after acquiring an additional 129,705 shares during the period. Rockefeller Capital Management L.P.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $11,809,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nations Financial Group Inc. IA ADV increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 1.1% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 35,036 shares of the company’s stock worth $968,000 after purchasing an additional 373 shares in the last quarter. Wayfinding Financial LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 0.4% during the 3rd quarter. Wayfinding Financial LLC now owns 105,633 shares of the company’s stock valued at $2,931,000 after purchasing an additional 385 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 0.8% in the 4th quarter. Apollon Wealth Management LLC now owns 54,344 shares of the company’s stock worth $1,501,000 after purchasing an additional 439 shares in the last quarter. Bridgewealth Advisory Group LLC boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 2.8% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 16,486 shares of the company’s stock worth $455,000 after purchasing an additional 445 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its stake in Capital Group U.S. Multi-Sector Income ETF by 1.6% during the 4th quarter. Daymark Wealth Partners LLC now owns 31,280 shares of the company’s stock worth $864,000 after buying an additional 479 shares during the last quarter.

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

Shares of NYSEARCA:CGMS opened at $27.48 on Thursday. The business’s 50-day moving average is $27.50 and its 200 day moving average is $27.57. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $27.01 and a 1 year high of $28.08. The firm has a market capitalization of $4.70 billion, a P/E ratio of 10.71 and a beta of 0.29.

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.