Oak Hill Wealth Advisors LLC Acquires 43,025 Shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Oak Hill Wealth Advisors LLC lifted its position in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 111.4% during the 1st quarter, HoldingsChannel reports. The firm owned 81,664 shares of the company’s stock after buying an additional 43,025 shares during the period. Oak Hill Wealth Advisors LLC’s holdings in Capital Group Municipal Income ETF were worth $2,190,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CGMU. Financial Perspectives Inc bought a new position in shares of Capital Group Municipal Income ETF in the first quarter worth $33,000. GPS Wealth Strategies Group LLC bought a new position in shares of Capital Group Municipal Income ETF in the first quarter worth $39,000. Opal Wealth Advisors LLC bought a new position in shares of Capital Group Municipal Income ETF in the first quarter worth $46,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Capital Group Municipal Income ETF by 56.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,394 shares of the company’s stock worth $64,000 after purchasing an additional 863 shares during the period. Finally, NBC Securities Inc. grew its position in Capital Group Municipal Income ETF by 105,400.0% in the first quarter. NBC Securities Inc. now owns 3,165 shares of the company’s stock worth $84,000 after acquiring an additional 3,162 shares in the last quarter.

Capital Group Municipal Income ETF Trading Down 0.0%

Shares of NYSEARCA:CGMU opened at $26.68 on Thursday. Capital Group Municipal Income ETF has a 52-week low of $25.83 and a 52-week high of $27.54. The firm has a fifty day moving average of $26.56 and a 200 day moving average of $26.82.

Capital Group Municipal Income ETF Company Profile

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.