Vicus Capital Buys 148,007 Shares of Capital Group U.S. Multi-Sector Income ETF $CGMS

Vicus Capital grew its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 42.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 497,504 shares of the company’s stock after purchasing an additional 148,007 shares during the period. Capital Group U.S. Multi-Sector Income ETF makes up approximately 1.0% of Vicus Capital’s investment portfolio, making the stock its 23rd biggest position. Vicus Capital’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $13,547,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in Capital Group U.S. Multi-Sector Income ETF by 30.8% during the fourth quarter. LPL Financial LLC now owns 15,366,839 shares of the company’s stock valued at $424,432,000 after buying an additional 3,616,255 shares during the last quarter. Morgan Stanley increased its stake in Capital Group U.S. Multi-Sector Income ETF by 2.8% in the 4th quarter. Morgan Stanley now owns 6,699,298 shares of the company’s stock worth $185,035,000 after acquiring an additional 183,781 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 44.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,404,827 shares of the company’s stock worth $149,281,000 after acquiring an additional 1,658,572 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Capital Group U.S. Multi-Sector Income ETF by 19.9% during the 4th quarter. Raymond James Financial Inc. now owns 5,202,259 shares of the company’s stock valued at $143,686,000 after acquiring an additional 863,369 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Capital Group U.S. Multi-Sector Income ETF by 25.2% in the fourth quarter. UBS Group AG now owns 4,413,157 shares of the company’s stock valued at $121,891,000 after purchasing an additional 888,212 shares in the last quarter.

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

Capital Group U.S. Multi-Sector Income ETF stock opened at $27.49 on Monday. The company has a market cap of $4.70 billion, a price-to-earnings ratio of 10.71 and a beta of 0.29. The firm’s fifty day moving average is $27.50 and its 200 day moving average is $27.57. Capital Group U.S. Multi-Sector Income ETF has a 52-week low of $27.01 and a 52-week high of $28.08.

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.