Capital Analysts LLC boosted its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 19.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 432,799 shares of the company’s stock after purchasing an additional 70,603 shares during the period. Capital Analysts LLC owned about 0.24% of Capital Group Municipal Income ETF worth $11,850,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Capital International Investors boosted its holdings in Capital Group Municipal Income ETF by 1.6% in the fourth quarter. Capital International Investors now owns 46,328,510 shares of the company’s stock valued at $1,268,475,000 after purchasing an additional 743,875 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Capital Group Municipal Income ETF by 15.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,596,372 shares of the company’s stock valued at $207,989,000 after purchasing an additional 998,606 shares during the last quarter. LPL Financial LLC boosted its holdings in Capital Group Municipal Income ETF by 28.0% in the fourth quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock valued at $184,996,000 after purchasing an additional 1,479,528 shares during the last quarter. UBS Group AG boosted its holdings in Capital Group Municipal Income ETF by 12.6% in the fourth quarter. UBS Group AG now owns 4,032,770 shares of the company’s stock valued at $110,417,000 after purchasing an additional 450,074 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in Capital Group Municipal Income ETF by 20.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,902,883 shares of the company’s stock valued at $52,101,000 after buying an additional 318,515 shares in the last quarter.
Capital Group Municipal Income ETF Price Performance
NYSEARCA:CGMU opened at $27.40 on Wednesday. The business’s 50 day moving average is $27.34 and its two-hundred day moving average is $27.46. Capital Group Municipal Income ETF has a 52 week low of $26.54 and a 52 week high of $27.93.
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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