Capital International Investors increased its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,328,510 shares of the company’s stock after purchasing an additional 743,875 shares during the period. Capital International Investors owned approximately 0.25% of Capital Group Municipal Income ETF worth $1,268,475,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC acquired a new position in Capital Group Municipal Income ETF during the 3rd quarter worth $42,000. Core Wealth Advisors LLC acquired a new position in Capital Group Municipal Income ETF during the 4th quarter worth $48,000. CIBC Private Wealth Group LLC acquired a new position in Capital Group Municipal Income ETF during the 3rd quarter worth $58,000. Ameriflex Group Inc. acquired a new position in Capital Group Municipal Income ETF during the 3rd quarter worth $67,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Capital Group Municipal Income ETF during the 4th quarter worth $78,000.
Capital Group Municipal Income ETF Price Performance
Capital Group Municipal Income ETF stock opened at $27.38 on Friday. Capital Group Municipal Income ETF has a fifty-two week low of $26.49 and a fifty-two week high of $27.93. The firm has a fifty day moving average price of $27.33 and a two-hundred day moving average price of $27.46.
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.
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