Western Wealth Management LLC increased its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 91.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,505 shares of the company’s stock after purchasing an additional 28,404 shares during the period. Western Wealth Management LLC’s holdings in Capital Group Municipal Income ETF were worth $1,616,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC boosted its position in shares of Capital Group Municipal Income ETF by 23.6% during the 1st quarter. Jane Street Group LLC now owns 228,094 shares of the company’s stock worth $6,117,000 after acquiring an additional 43,538 shares in the last quarter. Cerity Partners LLC raised its position in shares of Capital Group Municipal Income ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock worth $1,607,000 after acquiring an additional 433 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Capital Group Municipal Income ETF by 105.7% during the second quarter. NewEdge Advisors LLC now owns 123,537 shares of the company’s stock worth $3,297,000 after purchasing an additional 63,473 shares during the last quarter. Sei Investments Co. purchased a new stake in Capital Group Municipal Income ETF during the second quarter worth approximately $6,154,000. Finally, Raymond James Financial Inc. boosted its holdings in Capital Group Municipal Income ETF by 45.6% in the second quarter. Raymond James Financial Inc. now owns 1,152,361 shares of the company’s stock valued at $30,757,000 after purchasing an additional 360,770 shares in the last quarter.
Capital Group Municipal Income ETF Trading Up 0.1%
Shares of Capital Group Municipal Income ETF stock opened at $27.19 on Thursday. Capital Group Municipal Income ETF has a 52 week low of $26.72 and a 52 week high of $27.93. The firm’s 50 day moving average is $27.32 and its two-hundred day moving average is $27.42.
Capital Group Municipal Income ETF 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.
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