Capital Group Municipal Income ETF $CGMU Holdings Boosted by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 17.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,877,693 shares of the company’s stock after acquiring an additional 720,377 shares during the period. Cetera Investment Advisers’ holdings in Capital Group Municipal Income ETF were worth $132,429,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in CGMU. Assetmark Inc. grew its stake 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. increased its position in 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 period. RMR Wealth Builders bought a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth about $9,251,000. McNamara Financial Services Inc. bought a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth about $7,041,000. Finally, Boulder Wealth Advisors LLC acquired a new stake in shares of Capital Group Municipal Income ETF in the 4th quarter worth about $9,452,000.

Capital Group Municipal Income ETF Trading Down 0.2%

Shares of NYSEARCA:CGMU opened at $27.18 on Thursday. The company’s 50-day moving average price is $27.37 and its 200 day moving average price is $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.

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.