COFG Advisors LLC bought a new stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 31,316 shares of the company’s stock, valued at approximately $857,000.
Other large investors have also recently bought and sold shares of the company. Florida Financial Advisors LLC increased its position in Capital Group Municipal Income ETF by 4.0% in the 4th quarter. Florida Financial Advisors LLC now owns 12,640 shares of the company’s stock valued at $346,000 after acquiring an additional 485 shares during the period. Core Wealth Advisors LLC acquired a new position in Capital Group Municipal Income ETF in the 4th quarter valued at approximately $48,000. Northwestern Mutual Wealth Management Co. increased its position in Capital Group Municipal Income ETF by 15.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,596,372 shares of the company’s stock valued at $207,989,000 after acquiring an additional 998,606 shares during the period. IFG Advisory LLC increased its position in Capital Group Municipal Income ETF by 16.6% in the 4th quarter. IFG Advisory LLC now owns 38,484 shares of the company’s stock valued at $1,054,000 after acquiring an additional 5,471 shares during the period. Finally, Thoroughbred Financial Services LLC increased its position in Capital Group Municipal Income ETF by 3.4% in the 4th quarter. Thoroughbred Financial Services LLC now owns 42,085 shares of the company’s stock valued at $1,152,000 after acquiring an additional 1,390 shares during the period.
Capital Group Municipal Income ETF Stock Performance
Shares of NYSEARCA CGMU opened at $27.39 on Tuesday. Capital Group Municipal Income ETF has a 52-week low of $26.48 and a 52-week high of $27.93. The firm has a 50 day moving average price of $27.32 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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