Cetera Investment Advisers boosted its position in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 17.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,877,693 shares of the company’s stock after buying an additional 720,377 shares during the quarter. Cetera Investment Advisers owned approximately 2.29% of Capital Group Municipal Income ETF worth $132,429,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Core Wealth Advisors LLC acquired a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth approximately $48,000. CIBC Private Wealth Group LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the 3rd quarter valued at approximately $58,000. Flagship Harbor Advisors LLC bought a new position in Capital Group Municipal Income ETF during the fourth quarter worth $78,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group Municipal Income ETF during the fourth quarter worth $120,000. Finally, Signaturefd LLC bought a new position in Capital Group Municipal Income ETF during the fourth quarter worth $125,000.
Capital Group Municipal Income ETF Stock Down 0.2%
Capital Group Municipal Income ETF stock opened at $27.18 on Thursday. The company has a fifty day moving average price of $27.37 and a two-hundred day moving average price of $27.47. Capital Group Municipal Income ETF has a 12 month low of $26.58 and a 12 month 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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