Compton Financial Group LLC Purchases 261,162 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Compton Financial Group LLC increased its holdings in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 1,649.3% during the first quarter, Holdings Channel.com reports. The firm owned 276,997 shares of the company’s stock after buying an additional 261,162 shares during the period. Capital Group U.S. Multi-Sector Income ETF makes up 1.7% of Compton Financial Group LLC’s holdings, making the stock its 15th biggest holding. Compton Financial Group LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $7,543,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Bogart Wealth LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter valued at $27,000. Arax Advisory Partners purchased a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth $27,000. Flagship Harbor Advisors LLC bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter valued at about $31,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the fourth quarter valued at about $53,000. Finally, Olistico Wealth LLC purchased a new position in Capital Group U.S. Multi-Sector Income ETF in the fourth quarter valued at about $54,000.

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

Shares of Capital Group U.S. Multi-Sector Income ETF stock opened at $27.38 on Monday. The company has a market cap of $5.18 billion, a P/E ratio of 10.71 and a beta of 0.29. The firm’s 50 day moving average price is $27.46 and its 200-day moving average price is $27.55. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $27.01 and a 52-week high of $28.08.

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.