Hoylecohen LLC cut its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) by 1.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,138 shares of the company’s stock after selling 717 shares during the period. Hoylecohen LLC owned about 0.15% of Capital Group U.S. Multi-Sector Income ETF worth $1,081,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the business. Western Wealth Management LLC acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the fourth quarter worth about $367,000. Vicus Capital lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 385.2% in the fourth quarter. Vicus Capital now owns 166,655 shares of the company’s stock worth $4,498,000 after acquiring an additional 132,304 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 2,067.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 180,097 shares of the company’s stock worth $4,889,000 after acquiring an additional 171,788 shares during the last quarter. Valmark Advisers Inc. bought a new position in Capital Group U.S. Multi-Sector Income ETF in the fourth quarter worth about $5,883,000. Finally, Silver Oak Securities Incorporated lifted its holdings in Capital Group U.S. Multi-Sector Income ETF by 108.8% in the fourth quarter. Silver Oak Securities Incorporated now owns 26,609 shares of the company’s stock worth $718,000 after acquiring an additional 13,865 shares during the last quarter.
Capital Group U.S. Multi-Sector Income ETF Stock Performance
NYSEARCA CGMS traded up $0.05 during trading hours on Friday, reaching $27.56. The company’s stock had a trading volume of 467,046 shares, compared to its average volume of 302,157. The business has a 50-day simple moving average of $27.22 and a 200 day simple moving average of $27.02. Capital Group U.S. Multi-Sector Income ETF has a 52 week low of $25.00 and a 52 week high of $27.62.
Capital Group U.S. Multi-Sector Income ETF Announces Dividend
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.
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