Sei Investments Co. Has $26.21 Million Stock Holdings in Capital Group Municipal Income ETF $CGMU

Sei Investments Co. grew its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 24.8% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 965,276 shares of the company’s stock after acquiring an additional 191,566 shares during the quarter. Sei Investments Co.’s holdings in Capital Group Municipal Income ETF were worth $26,207,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CGMU. Core Wealth Advisors LLC acquired a new position in Capital Group Municipal Income ETF in the fourth quarter valued at about $48,000. CIBC Private Wealth Group LLC acquired a new stake in Capital Group Municipal Income ETF during the third quarter worth about $58,000. Flagship Harbor Advisors LLC acquired a new stake in Capital Group Municipal Income ETF during the fourth quarter worth about $78,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group Municipal Income ETF in the 4th quarter valued at about $120,000. Finally, Signaturefd LLC bought a new position in Capital Group Municipal Income ETF in the 4th quarter valued at about $125,000.

Capital Group Municipal Income ETF Stock Performance

Shares of NYSEARCA:CGMU opened at $27.14 on Wednesday. The firm has a 50 day moving average of $27.36 and a 200-day moving average of $27.46. Capital Group Municipal Income ETF has a 12 month low of $26.59 and a 12 month high of $27.93.

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.