Renaissance Technologies LLC Has $586,000 Stock Position in Capital Group Municipal Income ETF $CGMU

Renaissance Technologies LLC reduced its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 90.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,590 shares of the company’s stock after selling 200,759 shares during the quarter. Renaissance Technologies LLC’s holdings in Capital Group Municipal Income ETF were worth $586,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CGMU. Morgan Stanley boosted its holdings in shares of Capital Group Municipal Income ETF by 38.2% during the fourth quarter. Morgan Stanley now owns 8,991,680 shares of the company’s stock worth $246,192,000 after acquiring an additional 2,484,296 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Municipal Income ETF by 32.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,597,766 shares of the company’s stock worth $180,053,000 after purchasing an additional 1,620,219 shares during the period. LPL Financial LLC increased its stake in shares of Capital Group Municipal Income ETF by 28.0% during the fourth quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock worth $184,996,000 after purchasing an additional 1,479,528 shares during the period. Blue Chip Partners LLC lifted its holdings in Capital Group Municipal Income ETF by 2,093.0% during the 2nd quarter. Blue Chip Partners LLC now owns 1,517,911 shares of the company’s stock worth $40,513,000 after purchasing an additional 1,448,696 shares during the last quarter. Finally, Aprio Wealth Management LLC acquired a new stake in Capital Group Municipal Income ETF during the 4th quarter worth approximately $22,189,000.

Capital Group Municipal Income ETF Stock Performance

CGMU opened at $27.17 on Monday. The business has a fifty day simple moving average of $27.31 and a 200 day simple moving average of $27.42. Capital Group Municipal Income ETF has a 1 year low of $26.72 and a 1 year 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.