Calton & Associates Inc. Makes New $892,000 Investment in Capital Group U.S. Multi-Sector Income ETF $CGMS

Calton & Associates Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 32,308 shares of the company’s stock, valued at approximately $892,000.

Other large investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth $27,000. Marshall & Sterling Wealth Advisors Inc. raised its position in Capital Group U.S. Multi-Sector Income ETF by 81.7% during the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 1,061 shares of the company’s stock worth $29,000 after acquiring an additional 477 shares during the period. Flagship Harbor Advisors LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth $31,000. Olistico Wealth LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter worth $54,000. Finally, Cape Investment Advisory Inc. raised its position in Capital Group U.S. Multi-Sector Income ETF by 422.7% during the third quarter. Cape Investment Advisory Inc. now owns 2,629 shares of the company’s stock worth $73,000 after acquiring an additional 2,126 shares during the period.

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

NYSEARCA:CGMS opened at $27.42 on Thursday. The company has a fifty day moving average of $27.47 and a two-hundred day moving average of $27.59. The stock has a market capitalization of $4.69 billion, a PE ratio of 10.71 and a beta of 0.30. Capital Group U.S. Multi-Sector Income ETF has a fifty-two week low of $27.01 and a fifty-two week high of $28.08.

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