Armstrong Fleming & Moore Inc Invests $539,000 in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Armstrong Fleming & Moore Inc acquired a new position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 19,911 shares of the company’s stock, valued at approximately $539,000. Armstrong Fleming & Moore Inc owned 0.26% of Capital Group Municipal Income ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Capital Planning LLC increased its position in Capital Group Municipal Income ETF by 0.6% during the 4th quarter. Capital Planning LLC now owns 202,420 shares of the company’s stock worth $5,501,000 after purchasing an additional 1,179 shares in the last quarter. IFG Advisory LLC increased its position in Capital Group Municipal Income ETF by 11.2% during the 4th quarter. IFG Advisory LLC now owns 17,305 shares of the company’s stock worth $469,000 after purchasing an additional 1,745 shares in the last quarter. Concourse Financial Group Securities Inc. increased its position in Capital Group Municipal Income ETF by 43.9% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,462 shares of the company’s stock worth $167,000 after purchasing an additional 1,970 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in Capital Group Municipal Income ETF by 8.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 27,054 shares of the company’s stock worth $733,000 after purchasing an additional 2,194 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its position in Capital Group Municipal Income ETF by 31.3% during the 4th quarter. Koshinski Asset Management Inc. now owns 14,191 shares of the company’s stock worth $384,000 after purchasing an additional 3,379 shares in the last quarter.

Capital Group Municipal Income ETF Stock Up 0.1 %

CGMU traded up $0.03 on Wednesday, reaching $26.68. 185,550 shares of the company’s stock were exchanged, compared to its average volume of 184,060. Capital Group Municipal Income ETF has a twelve month low of $25.32 and a twelve month high of $27.22. The company’s 50 day moving average is $26.93 and its 200-day moving average is $26.70.

About Capital Group Municipal Income ETF

The Capital Group Municipal Income ETF (CGMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds of varying maturities, exempt from regular federal income tax. CGMU was launched on Oct 25, 2022 and is managed by Capital Group.