Turning Point Benefit Group Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 60,572 shares of the company’s stock, valued at approximately $1,642,000. Capital Group U.S. Multi-Sector Income ETF comprises about 1.6% of Turning Point Benefit Group Inc.’s investment portfolio, making the stock its 10th largest holding.
Several other large investors have also made changes to their positions in the business. Great Valley Advisor Group Inc. acquired a new position in shares of Capital Group U.S. Multi-Sector Income ETF during the 3rd quarter worth about $46,477,000. Wealth Enhancement Advisory Services LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF by 58.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,293,693 shares of the company’s stock valued at $36,016,000 after acquiring an additional 479,500 shares in the last quarter. Winch Advisory Services LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF by 25.4% in the 4th quarter. Winch Advisory Services LLC now owns 719,243 shares of the company’s stock valued at $19,621,000 after acquiring an additional 145,538 shares in the last quarter. Raymond James & Associates raised its holdings in Capital Group U.S. Multi-Sector Income ETF by 12.9% in the 3rd quarter. Raymond James & Associates now owns 645,815 shares of the company’s stock valued at $17,979,000 after acquiring an additional 73,931 shares in the last quarter. Finally, TrueWealth Advisors LLC raised its holdings in Capital Group U.S. Multi-Sector Income ETF by 3.2% in the 4th quarter. TrueWealth Advisors LLC now owns 621,840 shares of the company’s stock valued at $16,964,000 after acquiring an additional 19,182 shares in the last quarter.
Capital Group U.S. Multi-Sector Income ETF Stock Up 0.0 %
Capital Group U.S. Multi-Sector Income ETF stock opened at $27.57 on Friday. The business has a 50 day moving average price of $27.39 and a two-hundred day moving average price of $27.54. Capital Group U.S. Multi-Sector Income ETF has a 12 month low of $26.49 and a 12 month high of $28.00.
Capital Group U.S. Multi-Sector Income ETF Cuts 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.
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