LCW Services LLC Makes New Investment in Capital Group U.S. Multi-Sector Income ETF $CGMS

LCW Services LLC acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 161,019 shares of the company’s stock, valued at approximately $4,447,000. Capital Group U.S. Multi-Sector Income ETF comprises about 2.4% of LCW Services LLC’s holdings, making the stock its 13th biggest position. LCW Services LLC owned 0.11% of Capital Group U.S. Multi-Sector Income ETF as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of CGMS. Focus Partners Wealth purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the 1st quarter worth $1,048,000. NewEdge Advisors LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 85.1% during the 2nd quarter. NewEdge Advisors LLC now owns 148,965 shares of the company’s stock worth $4,114,000 after buying an additional 68,484 shares during the last quarter. CLG LLC raised its position in Capital Group U.S. Multi-Sector Income ETF by 7.4% during the 2nd quarter. CLG LLC now owns 47,423 shares of the company’s stock worth $1,310,000 after buying an additional 3,261 shares during the last quarter. Benjamin Edwards Inc. raised its position in Capital Group U.S. Multi-Sector Income ETF by 4.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 398,486 shares of the company’s stock worth $11,006,000 after buying an additional 17,345 shares during the last quarter. Finally, IHT Wealth Management LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF during the 2nd quarter worth $230,000.

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

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.33 on Friday. The company has a market cap of $4.67 billion, a P/E ratio of 10.71 and a beta of 0.29. Capital Group U.S. Multi-Sector Income ETF has a one year low of $27.01 and a one year high of $28.08. The firm has a fifty day moving average of $27.47 and a two-hundred day moving average of $27.59.

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.