Capital Group Private Client Services Inc. Acquires 51,727 Shares of Capital Group Municipal Income ETF $CGMU

Capital Group Private Client Services Inc. lifted its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,556,081 shares of the company’s stock after purchasing an additional 51,727 shares during the quarter. Capital Group Municipal Income ETF accounts for approximately 0.7% of Capital Group Private Client Services Inc.’s holdings, making the stock its 24th biggest position. Capital Group Private Client Services Inc.’s holdings in Capital Group Municipal Income ETF were worth $42,606,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC purchased a new position in shares of Capital Group Municipal Income ETF in the 3rd quarter worth about $42,000. Core Wealth Advisors LLC purchased a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth about $48,000. CIBC Private Wealth Group LLC purchased a new position in shares of Capital Group Municipal Income ETF in the 3rd quarter worth about $58,000. Ameriflex Group Inc. purchased a new position in shares of Capital Group Municipal Income ETF in the 3rd quarter worth about $67,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth about $78,000.

Capital Group Municipal Income ETF Stock Down 0.2%

CGMU opened at $27.38 on Friday. The stock has a 50-day moving average price of $27.33 and a 200-day moving average price of $27.46. Capital Group Municipal Income ETF has a 1 year low of $26.49 and a 1 year high of $27.93.

Capital Group Municipal Income ETF 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.