Vicus Capital increased its position in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 42.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 497,504 shares of the company’s stock after buying an additional 148,007 shares during the period. Capital Group U.S. Multi-Sector Income ETF comprises approximately 1.0% of Vicus Capital’s holdings, making the stock its 23rd largest position. Vicus Capital owned 0.30% of Capital Group U.S. Multi-Sector Income ETF worth $13,547,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of CGMS. Bogart Wealth LLC bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the fourth quarter worth about $27,000. Arax Advisory Partners bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at approximately $27,000. Flagship Harbor Advisors LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at approximately $31,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth approximately $53,000. Finally, Olistico Wealth LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth approximately $54,000.
Capital Group U.S. Multi-Sector Income ETF Price Performance
CGMS stock opened at $27.49 on Monday. 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 business has a 50 day simple moving average of $27.50 and a two-hundred day simple moving average of $27.57. The company has a market capitalization of $4.70 billion, a price-to-earnings 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.
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