Capital Group Municipal Income ETF $CGMU Stock Position Lifted by Capital Analysts LLC

Capital Analysts LLC grew its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 19.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 432,799 shares of the company’s stock after buying an additional 70,603 shares during the period. Capital Analysts LLC’s holdings in Capital Group Municipal Income ETF were worth $11,850,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Assetmark Inc. lifted its holdings in Capital Group Municipal Income ETF by 11.6% during the 4th quarter. Assetmark Inc. now owns 1,207,850 shares of the company’s stock worth $33,071,000 after buying an additional 125,592 shares during the last quarter. Confluence Wealth Services Inc. raised its position in shares of Capital Group Municipal Income ETF by 49.8% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,117,976 shares of the company’s stock worth $30,610,000 after purchasing an additional 371,573 shares during the period. RMR Wealth Builders acquired a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth approximately $9,251,000. Legacy Private Trust Co. acquired a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth approximately $2,484,000. Finally, McNamara Financial Services Inc. acquired a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth approximately $7,041,000.

Capital Group Municipal Income ETF Stock Performance

Shares of Capital Group Municipal Income ETF stock opened at $27.40 on Wednesday. The business’s 50 day simple moving average is $27.34 and its 200-day simple moving average is $27.46. Capital Group Municipal Income ETF has a twelve month low of $26.54 and a twelve month high of $27.93.

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.