Compass Financial Management LLC Invests $3.16 Million in Capital Group U.S. Multi-Sector Income ETF $CGMS

Compass Financial Management LLC acquired a new stake in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 115,907 shares of the company’s stock, valued at approximately $3,161,000. Compass Financial Management LLC owned 0.06% of Capital Group U.S. Multi-Sector Income ETF at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. KWB Wealth boosted its holdings in Capital Group U.S. Multi-Sector Income ETF by 47.2% in the 2nd quarter. KWB Wealth now owns 527,423 shares of the company’s stock worth $14,414,000 after buying an additional 169,146 shares during the period. Scott Capital Advisors LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF by 6.6% during the second quarter. Scott Capital Advisors LLC now owns 63,135 shares of the company’s stock valued at $1,725,000 after acquiring an additional 3,934 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the second quarter valued at about $289,000. Warner Financial Inc. bought a new stake in Capital Group U.S. Multi-Sector Income ETF during the second quarter valued at about $385,000. Finally, Allied Private Wealth LLC purchased a new position in shares of Capital Group U.S. Multi-Sector Income ETF in the second quarter valued at about $124,000.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.0%

NYSEARCA CGMS opened at $27.14 on Friday. The firm has a market cap of $5.34 billion, a price-to-earnings ratio of 10.71 and a beta of 0.29. The business has a 50-day moving average price of $27.26 and a 200-day moving average price of $27.43. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $26.95 and a twelve month high of $28.08.

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