Venture Visionary Partners LLC Grows Stock Holdings in Capital Group U.S. Multi-Sector Income ETF $CGMS

Venture Visionary Partners LLC raised its position in shares of Capital Group U.S. Multi-Sector Income ETF (NYSEARCA:CGMS) by 234.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,784 shares of the company’s stock after acquiring an additional 48,893 shares during the period. Venture Visionary Partners LLC’s holdings in Capital Group U.S. Multi-Sector Income ETF were worth $1,927,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of CGMS. LPL Financial LLC increased its position 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 acquiring an additional 3,616,255 shares during the last quarter. Wells Fargo & Company MN increased its position in Capital Group U.S. Multi-Sector Income ETF by 44.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,404,827 shares of the company’s stock valued at $149,281,000 after acquiring an additional 1,658,572 shares during the last quarter. UBS Group AG increased its position in Capital Group U.S. Multi-Sector Income ETF by 49.2% during the third quarter. UBS Group AG now owns 3,524,945 shares of the company’s stock valued at $97,817,000 after acquiring an additional 1,162,393 shares during the last quarter. Regatta Capital Group LLC increased its position in Capital Group U.S. Multi-Sector Income ETF by 6,655.7% during the fourth quarter. Regatta Capital Group LLC now owns 779,270 shares of the company’s stock valued at $21,523,000 after acquiring an additional 767,735 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its position in Capital Group U.S. Multi-Sector Income ETF by 108.6% during the fourth quarter. Kestra Advisory Services LLC now owns 834,831 shares of the company’s stock valued at $23,058,000 after acquiring an additional 434,596 shares during the last quarter.

Capital Group U.S. Multi-Sector Income ETF Stock Up 0.2%

CGMS stock opened at $27.53 on Tuesday. Capital Group U.S. Multi-Sector Income ETF has a twelve month low of $27.01 and a twelve month high of $28.08. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 10.71 and a beta of 0.29. The firm’s fifty day simple moving average is $27.50 and its two-hundred day simple moving average is $27.58.

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

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.