Raymond James & Associates bought a new stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 173,447 shares of the company’s stock, valued at approximately $4,681,000. Raymond James & Associates owned 2.71% of Capital Group U.S. Multi-Sector Income ETF as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in CGMS. Harbour Investments Inc. acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 1st quarter worth approximately $45,000. Winch Advisory Services LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth approximately $89,000. Susquehanna International Group LLP acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 4th quarter worth approximately $200,000. Atria Wealth Solutions Inc. acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth approximately $212,000. Finally, Bond & Devick Financial Network Inc. bought a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the 4th quarter worth $212,000.
Capital Group U.S. Multi-Sector Income ETF Trading Down 0.9 %
Shares of CGMS opened at $26.74 on Thursday. Capital Group U.S. Multi-Sector Income ETF has a 12-month low of $25.00 and a 12-month high of $27.32. The business’s fifty day moving average is $26.95 and its 200 day moving average is $26.46.
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.
Read More
- Five stocks we like better than Capital Group U.S. Multi-Sector Income ETF
- How to invest in marijuana stocks in 7 steps
- Heat Alert: Micron Just Got Named A Must-Own Stock for Q2
- Quiet Period Expirations Explained
- WD-40 Company Greases the Wheels of Growth and Profits
- Stock Dividend Cuts Happen Are You Ready?
- How to Protect your Portfolio Against a Rising VIX
Receive News & Ratings for Capital Group U.S. Multi-Sector Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group U.S. Multi-Sector Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
