Total Clarity Wealth Management Inc. Has $4.88 Million Stock Holdings in Capital Group Municipal Income ETF $CGMU

Total Clarity Wealth Management Inc. grew its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 13.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 179,646 shares of the company’s stock after buying an additional 20,985 shares during the quarter. Capital Group Municipal Income ETF makes up approximately 1.1% of Total Clarity Wealth Management Inc.’s portfolio, making the stock its 22nd largest position. Total Clarity Wealth Management Inc.’s holdings in Capital Group Municipal Income ETF were worth $4,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capital International Investors boosted its position in shares of Capital Group Municipal Income ETF by 14.8% in the third quarter. Capital International Investors now owns 45,584,635 shares of the company’s stock valued at $1,244,005,000 after acquiring an additional 5,890,074 shares during the period. Morgan Stanley increased its position in Capital Group Municipal Income ETF by 38.2% during the fourth quarter. Morgan Stanley now owns 8,991,680 shares of the company’s stock worth $246,192,000 after acquiring an additional 2,484,296 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Capital Group Municipal Income ETF by 32.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,597,766 shares of the company’s stock worth $180,053,000 after purchasing an additional 1,620,219 shares in the last quarter. LPL Financial LLC raised its stake in Capital Group Municipal Income ETF by 28.0% in the 4th quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock worth $184,996,000 after purchasing an additional 1,479,528 shares in the last quarter. Finally, Blue Chip Partners LLC boosted its holdings in Capital Group Municipal Income ETF by 2,093.0% in the 2nd quarter. Blue Chip Partners LLC now owns 1,517,911 shares of the company’s stock valued at $40,513,000 after purchasing an additional 1,448,696 shares during the period.

Capital Group Municipal Income ETF Trading Up 0.0%

Shares of CGMU stock opened at $27.47 on Tuesday. The stock has a 50 day simple moving average of $27.37 and a 200 day simple moving average of $27.46. Capital Group Municipal Income ETF has a 1 year low of $26.58 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.