Koshinski Asset Management Inc. purchased a new stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 37,201 shares of the company’s stock, valued at approximately $1,015,000. Koshinski Asset Management Inc. owned about 0.14% of Capital Group U.S. Multi-Sector Income ETF at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the stock. Great Valley Advisor Group Inc. acquired a new stake in Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter valued at approximately $46,477,000. Cetera Investment Advisers boosted its stake in shares of Capital Group U.S. Multi-Sector Income ETF by 185.8% in the 2nd quarter. Cetera Investment Advisers now owns 914,999 shares of the company’s stock valued at $24,632,000 after purchasing an additional 594,834 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Capital Group U.S. Multi-Sector Income ETF by 58.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock worth $36,016,000 after buying an additional 479,500 shares during the last quarter. DeDora Capital Inc. acquired a new position in Capital Group U.S. Multi-Sector Income ETF in the third quarter valued at $11,885,000. Finally, Stifel Financial Corp boosted its position in Capital Group U.S. Multi-Sector Income ETF by 453.4% during the third quarter. Stifel Financial Corp now owns 497,812 shares of the company’s stock valued at $13,859,000 after acquiring an additional 407,858 shares during the last quarter.
Capital Group U.S. Multi-Sector Income ETF Price Performance
CGMS stock opened at $27.48 on Wednesday. The stock has a 50-day moving average price of $27.43 and a 200-day moving average price of $27.51. Capital Group U.S. Multi-Sector Income ETF has a 1-year low of $26.49 and a 1-year high of $28.00.
Capital Group U.S. Multi-Sector Income ETF Increases Dividend
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.
See Also
- Five stocks we like better than Capital Group U.S. Multi-Sector Income ETF
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- SAP’s Strong Momentum: A Bullish Setup for Investors
- Learn Technical Analysis Skills to Master the Stock Market
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- What is a buyback in stocks? A comprehensive guide for investors
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Want to see what other hedge funds are holding CGMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report).
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.