Northwest Financial Advisors Has $2.12 Million Stake in Capital Group Municipal Income ETF $CGMU

Northwest Financial Advisors boosted its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 47.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 78,144 shares of the company’s stock after purchasing an additional 25,298 shares during the quarter. Capital Group Municipal Income ETF comprises 4.1% of Northwest Financial Advisors’ holdings, making the stock its 7th largest holding. Northwest Financial Advisors’ holdings in Capital Group Municipal Income ETF were worth $2,122,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital International Investors raised its stake in Capital Group Municipal Income ETF by 14.8% during the 3rd quarter. Capital International Investors now owns 45,584,635 shares of the company’s stock worth $1,244,005,000 after buying an additional 5,890,074 shares during the period. Morgan Stanley grew its position in Capital Group Municipal Income ETF by 38.2% in the 4th quarter. Morgan Stanley now owns 8,991,680 shares of the company’s stock worth $246,192,000 after purchasing an additional 2,484,296 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Capital Group Municipal Income ETF by 32.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,597,766 shares of the company’s stock valued at $180,053,000 after acquiring an additional 1,620,219 shares in the last quarter. LPL Financial LLC increased its position in shares of Capital Group Municipal Income ETF by 28.0% during the 4th quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock valued at $184,996,000 after purchasing an additional 1,479,528 shares during the last quarter. Finally, Blue Chip Partners LLC increased its holdings in Capital Group Municipal Income ETF by 2,093.0% during the second quarter. Blue Chip Partners LLC now owns 1,517,911 shares of the company’s stock worth $40,513,000 after buying an additional 1,448,696 shares during the last quarter.

Capital Group Municipal Income ETF Stock Down 0.0%

NYSEARCA:CGMU opened at $27.46 on Thursday. Capital Group Municipal Income ETF has a 12 month low of $26.58 and a 12 month high of $27.93. The firm’s 50 day moving average is $27.38 and its 200 day moving average is $27.47.

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.