Hartmann Taylor Wealth Management LLC increased its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 41.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 326,554 shares of the company’s stock after purchasing an additional 95,035 shares during the period. Capital Group Municipal Income ETF accounts for 5.9% of Hartmann Taylor Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Hartmann Taylor Wealth Management LLC’s holdings in Capital Group Municipal Income ETF were worth $8,866,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the business. Assetmark Inc. grew 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 valued at $33,071,000 after buying an additional 125,592 shares in the last quarter. Confluence Wealth Services Inc. lifted its holdings 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 in the last quarter. RMR Wealth Builders purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter worth $9,251,000. Legacy Private Trust Co. bought a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth $2,484,000. Finally, McNamara Financial Services Inc. bought a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth $7,041,000.
Capital Group Municipal Income ETF Price Performance
CGMU opened at $27.50 on Monday. The company has a fifty day moving average of $27.38 and a 200 day moving average of $27.47. Capital Group Municipal Income ETF has a fifty-two week low of $26.58 and a fifty-two week 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.
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