Sanctuary Advisors LLC grew its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 109.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 179,894 shares of the company’s stock after purchasing an additional 93,842 shares during the period. Sanctuary Advisors LLC’s holdings in Capital Group Municipal Income ETF were worth $4,884,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Atlas Private Wealth Advisors boosted its position in Capital Group Municipal Income ETF by 1.2% during the fourth quarter. Atlas Private Wealth Advisors now owns 35,016 shares of the company’s stock valued at $959,000 after purchasing an additional 402 shares during the last quarter. Cerity Partners LLC increased its position in shares of Capital Group Municipal Income ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock worth $1,607,000 after purchasing an additional 433 shares during the last quarter. Florida Financial Advisors LLC increased its position in shares of Capital Group Municipal Income ETF by 4.0% during the 4th quarter. Florida Financial Advisors LLC now owns 12,640 shares of the company’s stock worth $346,000 after purchasing an additional 485 shares during the last quarter. Transcendent Capital Group LLC raised its stake in shares of Capital Group Municipal Income ETF by 2.5% during the 4th quarter. Transcendent Capital Group LLC now owns 20,430 shares of the company’s stock worth $559,000 after purchasing an additional 492 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its stake in shares of Capital Group Municipal Income ETF by 1.9% during the 4th quarter. Meridian Wealth Management LLC now owns 28,173 shares of the company’s stock worth $771,000 after purchasing an additional 512 shares in the last quarter.
Capital Group Municipal Income ETF Price Performance
NYSEARCA CGMU opened at $27.33 on Friday. Capital Group Municipal Income ETF has a 12 month low of $26.58 and a 12 month high of $27.93. The stock has a 50 day moving average of $27.38 and a 200-day moving average of $27.47.
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.
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