Capital Group Municipal Income ETF $CGMU Shares Sold by KWB Wealth

KWB Wealth reduced its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 64.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,184 shares of the company’s stock after selling 24,350 shares during the period. KWB Wealth’s holdings in Capital Group Municipal Income ETF were worth $362,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Assetmark Inc. lifted its holdings in shares of Capital Group Municipal Income ETF by 11.6% in the 4th quarter. Assetmark Inc. now owns 1,207,850 shares of the company’s stock valued at $33,071,000 after buying an additional 125,592 shares during the period. Confluence Wealth Services Inc. boosted its stake in shares of Capital Group Municipal Income ETF by 49.8% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,117,976 shares of the company’s stock worth $30,610,000 after buying an additional 371,573 shares during the last quarter. RMR Wealth Builders acquired a new stake in Capital Group Municipal Income ETF during the fourth quarter worth about $9,251,000. Boulder Wealth Advisors LLC purchased a new position in Capital Group Municipal Income ETF during the fourth quarter valued at approximately $9,452,000. Finally, FWG Holdings LLC purchased a new position in shares of Capital Group Municipal Income ETF during the 4th quarter valued at approximately $1,421,000.

Capital Group Municipal Income ETF Trading Down 0.1%

Shares of Capital Group Municipal Income ETF stock opened at $27.13 on Tuesday. Capital Group Municipal Income ETF has a fifty-two week low of $26.72 and a fifty-two week high of $27.93. The firm has a 50-day simple moving average of $27.33 and a two-hundred day simple moving average of $27.43.

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.