GWN Securities Inc. Increases Stock Holdings in Capital Group Municipal Income ETF $CGMU

GWN Securities Inc. increased its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 39.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 68,007 shares of the company’s stock after purchasing an additional 19,124 shares during the period. GWN Securities Inc.’s holdings in Capital Group Municipal Income ETF were worth $1,862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Capital Analysts LLC grew its position in shares of Capital Group Municipal Income ETF by 19.5% in the fourth quarter. Capital Analysts LLC now owns 432,799 shares of the company’s stock valued at $11,850,000 after purchasing an additional 70,603 shares during the period. Cerity Partners LLC grew its position in shares of Capital Group Municipal Income ETF by 172.0% in the fourth quarter. Cerity Partners LLC now owns 164,948 shares of the company’s stock valued at $4,516,000 after purchasing an additional 104,306 shares during the period. LPL Financial LLC grew its position in shares of Capital Group Municipal Income ETF by 28.0% in the fourth 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 period. JPMorgan Chase & Co. grew its position in shares of Capital Group Municipal Income ETF by 104.0% in the fourth quarter. JPMorgan Chase & Co. now owns 580,336 shares of the company’s stock valued at $15,890,000 after purchasing an additional 295,907 shares during the period. Finally, Milestone Investment Advisors LLC grew its position in shares of Capital Group Municipal Income ETF by 10.2% in the fourth quarter. Milestone Investment Advisors LLC now owns 19,676 shares of the company’s stock valued at $539,000 after purchasing an additional 1,828 shares during the period.

Capital Group Municipal Income ETF Stock Down 0.1%

Shares of NYSEARCA:CGMU opened at $27.37 on Thursday. Capital Group Municipal Income ETF has a 52 week low of $26.54 and a 52 week high of $27.93. The business has a fifty day simple moving average of $27.34 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.