Renaissance Technologies LLC decreased its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 90.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 21,590 shares of the company’s stock after selling 200,759 shares during the period. Renaissance Technologies LLC’s holdings in Capital Group Municipal Income ETF were worth $586,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of CGMU. 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 valued at $30,610,000 after buying an additional 371,573 shares during the period. Boulder Wealth Advisors LLC acquired a new stake in Capital Group Municipal Income ETF during the fourth quarter worth approximately $9,452,000. RMR Wealth Builders bought a new position in Capital Group Municipal Income ETF during the 4th quarter worth $9,251,000. FWG Holdings LLC bought a new position in Capital Group Municipal Income ETF during the 4th quarter worth $1,421,000. Finally, Sanctuary Advisors LLC raised its holdings in Capital Group Municipal Income ETF by 866.9% in the 4th quarter. Sanctuary Advisors LLC now owns 86,052 shares of the company’s stock valued at $2,356,000 after acquiring an additional 77,152 shares in the last quarter.
Capital Group Municipal Income ETF Price Performance
Shares of NYSEARCA CGMU opened at $27.17 on Monday. The business has a fifty day moving average price of $27.31 and a two-hundred day moving average price of $27.42. Capital Group Municipal Income ETF has a fifty-two week low of $26.72 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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Want to see what other hedge funds are holding CGMU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report).
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