Rothschild Investment LLC Acquires 77,548 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Rothschild Investment LLC lifted its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 68.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 191,523 shares of the company’s stock after purchasing an additional 77,548 shares during the period. Rothschild Investment LLC owned about 0.13% of Capital Group U.S. Multi-Sector Income ETF worth $5,290,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth $27,000. Marshall & Sterling Wealth Advisors Inc. raised its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 81.7% during the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 1,061 shares of the company’s stock worth $29,000 after purchasing an additional 477 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth $31,000. Olistico Wealth LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter valued at $54,000. Finally, Cape Investment Advisory Inc. lifted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 422.7% during the 3rd quarter. Cape Investment Advisory Inc. now owns 2,629 shares of the company’s stock valued at $73,000 after buying an additional 2,126 shares during the last quarter.

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

Shares of NYSEARCA CGMS opened at $27.59 on Friday. 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 business’s fifty day moving average price is $27.45 and its 200-day moving average price is $27.60. The stock has a market capitalization of $4.72 billion, a PE ratio of 10.71 and a beta of 0.30.

About Capital Group U.S. Multi-Sector Income ETF

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.