Capital Group Municipal Income ETF $CGMU Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 16.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 799,082 shares of the company’s stock after purchasing an additional 110,718 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.38% of Capital Group Municipal Income ETF worth $21,695,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Capital International Investors grew its position in shares of Capital Group Municipal Income ETF by 14.8% during the third quarter. Capital International Investors now owns 45,584,635 shares of the company’s stock worth $1,244,005,000 after buying an additional 5,890,074 shares in the last quarter. Morgan Stanley raised its holdings in Capital Group Municipal Income ETF by 38.2% in the fourth quarter. Morgan Stanley now owns 8,991,680 shares of the company’s stock valued at $246,192,000 after acquiring an additional 2,484,296 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Capital Group Municipal Income ETF by 32.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,597,766 shares of the company’s stock worth $180,053,000 after acquiring an additional 1,620,219 shares during the last quarter. LPL Financial LLC lifted its stake in Capital Group Municipal Income ETF by 28.0% in the fourth quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock worth $184,996,000 after acquiring an additional 1,479,528 shares during the last quarter. Finally, Blue Chip Partners LLC grew 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 acquiring an additional 1,448,696 shares in the last quarter.

Capital Group Municipal Income ETF Price Performance

Shares of NYSEARCA:CGMU opened at $27.47 on Wednesday. Capital Group Municipal Income ETF has a 52 week low of $26.58 and a 52 week high of $27.93. The company’s 50 day moving average is $27.38 and its two-hundred day moving average is $27.47.

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.