Total Clarity Wealth Management Inc. lifted its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 13.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 179,646 shares of the company’s stock after acquiring an additional 20,985 shares during the quarter. Capital Group Municipal Income ETF makes up about 1.1% of Total Clarity Wealth Management Inc.’s portfolio, making the stock its 22nd biggest holding. Total Clarity Wealth Management Inc. owned 0.09% of Capital Group Municipal Income ETF worth $4,877,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Core Wealth Advisors LLC acquired a new stake in Capital Group Municipal Income ETF during the 4th quarter valued at $48,000. CIBC Private Wealth Group LLC acquired a new position in shares of Capital Group Municipal Income ETF in the third quarter valued at $58,000. Ameriflex Group Inc. acquired a new position in shares of Capital Group Municipal Income ETF in the third quarter valued at $67,000. Flagship Harbor Advisors LLC bought a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at about $78,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at about $120,000.
Capital Group Municipal Income ETF Stock Performance
NYSEARCA CGMU opened at $27.47 on Tuesday. The firm has a 50-day moving average of $27.37 and a 200-day moving average of $27.46. Capital Group Municipal Income ETF has a 52-week low of $26.58 and a 52-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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