Signet Financial Management LLC Has $2.11 Million Stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Signet Financial Management LLC increased its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 14.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,877 shares of the company’s stock after buying an additional 9,828 shares during the period. Signet Financial Management LLC owned 1.02% of Capital Group Municipal Income ETF worth $2,109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Capital Group Municipal Income ETF by 1.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 38,568 shares of the company’s stock valued at $1,021,000 after purchasing an additional 404 shares during the last quarter. Money Concepts Capital Corp acquired a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at $26,000. Capital Planning LLC increased its holdings in shares of Capital Group Municipal Income ETF by 0.6% in the fourth quarter. Capital Planning LLC now owns 202,420 shares of the company’s stock valued at $5,501,000 after purchasing an additional 1,179 shares during the last quarter. IFG Advisory LLC increased its holdings in shares of Capital Group Municipal Income ETF by 11.2% in the fourth quarter. IFG Advisory LLC now owns 17,305 shares of the company’s stock valued at $469,000 after purchasing an additional 1,745 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its holdings in shares of Capital Group Municipal Income ETF by 43.9% in the third quarter. Concourse Financial Group Securities Inc. now owns 6,462 shares of the company’s stock valued at $167,000 after purchasing an additional 1,970 shares during the last quarter.

Capital Group Municipal Income ETF Trading Down 0.0 %

CGMU traded down $0.01 on Tuesday, hitting $26.74. 68,801 shares of the stock were exchanged, compared to its average volume of 185,229. Capital Group Municipal Income ETF has a 12 month low of $25.32 and a 12 month high of $27.22. The business has a 50-day moving average of $26.98 and a two-hundred day moving average of $26.61.

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.