Sanctuary Advisors LLC Acquires 93,842 Shares of Capital Group Municipal Income ETF $CGMU

Sanctuary Advisors LLC increased its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 109.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 179,894 shares of the company’s stock after purchasing an additional 93,842 shares during the quarter. Sanctuary Advisors LLC owned 0.08% of Capital Group Municipal Income ETF worth $4,884,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC increased its position in shares of Capital Group Municipal Income ETF by 23.6% during the first quarter. Jane Street Group LLC now owns 228,094 shares of the company’s stock worth $6,117,000 after acquiring an additional 43,538 shares in the last quarter. Cerity Partners LLC boosted its stake in Capital Group Municipal Income ETF by 0.7% in 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 period. NewEdge Advisors LLC increased its holdings in Capital Group Municipal Income ETF by 105.7% during the 2nd quarter. NewEdge Advisors LLC now owns 123,537 shares of the company’s stock worth $3,297,000 after purchasing an additional 63,473 shares in the last quarter. Sei Investments Co. bought a new position in Capital Group Municipal Income ETF during the 2nd quarter worth about $6,154,000. Finally, Raymond James Financial Inc. raised its stake in shares of Capital Group Municipal Income ETF by 45.6% in the 2nd quarter. Raymond James Financial Inc. now owns 1,152,361 shares of the company’s stock valued at $30,757,000 after purchasing an additional 360,770 shares during the period.

Capital Group Municipal Income ETF Stock Performance

Shares of Capital Group Municipal Income ETF stock opened at $27.33 on Friday. The stock’s 50-day moving average is $27.38 and its 200-day moving average is $27.47. Capital Group Municipal Income ETF has a one year low of $26.58 and a one 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.