Great Valley Advisor Group Inc. raised its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,250,925 shares of the company’s stock after purchasing an additional 18,926 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Capital Group Municipal Income ETF were worth $34,250,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC bought a new stake in shares of Capital Group Municipal Income ETF during the third quarter worth $42,000. Core Wealth Advisors LLC bought a new stake in shares of Capital Group Municipal Income ETF during the fourth quarter worth $48,000. CIBC Private Wealth Group LLC bought a new stake in shares of Capital Group Municipal Income ETF during the third quarter worth $58,000. Ameriflex Group Inc. bought a new stake in shares of Capital Group Municipal Income ETF during the third quarter worth $67,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group Municipal Income ETF during the fourth quarter worth $78,000.
Capital Group Municipal Income ETF Trading Up 0.1%
NYSEARCA:CGMU opened at $27.40 on Friday. Capital Group Municipal Income ETF has a twelve month low of $26.58 and a twelve month high of $27.93. The stock has a fifty day simple moving average of $27.35 and a 200-day simple moving average of $27.46.
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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