COFG Advisors LLC Purchases Shares of 31,316 Capital Group Municipal Income ETF $CGMU

COFG Advisors LLC purchased a new stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 31,316 shares of the company’s stock, valued at approximately $857,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the third quarter worth $42,000. Core Wealth Advisors LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the fourth quarter worth $48,000. CIBC Private Wealth Group LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the third quarter worth $58,000. Ameriflex Group Inc. acquired a new stake in shares of Capital Group Municipal Income ETF during the third quarter worth $67,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the fourth quarter worth $78,000.

Capital Group Municipal Income ETF Trading Up 0.1%

CGMU opened at $27.39 on Tuesday. Capital Group Municipal Income ETF has a twelve month low of $26.48 and a twelve month high of $27.93. The company has a fifty day moving average of $27.32 and a 200-day moving average of $27.46.

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.