Seamount Financial Group Inc. Buys 35,142 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Seamount Financial Group Inc. boosted its stake in Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 50.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 104,556 shares of the company’s stock after buying an additional 35,142 shares during the quarter. Capital Group U.S. Multi-Sector Income ETF makes up 1.3% of Seamount Financial Group Inc.’s investment portfolio, making the stock its 26th largest holding. Seamount Financial Group Inc.’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $2,847,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of CGMS. D.A. Davidson & CO. increased its position in shares of Capital Group U.S. Multi-Sector Income ETF by 9.1% during the fourth quarter. D.A. Davidson & CO. now owns 225,710 shares of the company’s stock valued at $6,234,000 after acquiring an additional 18,758 shares during the last quarter. Bouvel Investment Partners LLC boosted its position in Capital Group U.S. Multi-Sector Income ETF by 9.5% in the fourth quarter. Bouvel Investment Partners LLC now owns 231,976 shares of the company’s stock worth $6,407,000 after purchasing an additional 20,104 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in Capital Group U.S. Multi-Sector Income ETF by 43.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 176,954 shares of the company’s stock worth $4,887,000 after purchasing an additional 53,998 shares during the last quarter. Capital Advantage Inc. grew its stake in Capital Group U.S. Multi-Sector Income ETF by 6.4% in the 4th quarter. Capital Advantage Inc. now owns 2,308,168 shares of the company’s stock valued at $63,752,000 after purchasing an additional 138,954 shares during the period. Finally, Regatta Capital Group LLC grew its stake in Capital Group U.S. Multi-Sector Income ETF by 6,655.7% in the 4th quarter. Regatta Capital Group LLC now owns 779,270 shares of the company’s stock valued at $21,523,000 after purchasing an additional 767,735 shares during the period.

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 Friday. Capital Group U.S. Multi-Sector Income ETF has a 1 year low of $27.01 and a 1 year high of $28.08. The firm has a market cap of $5.15 billion, a PE ratio of 10.71 and a beta of 0.29. The stock has a fifty day moving average price of $27.47 and a 200-day moving average price of $27.56.

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.