Capital Group Private Client Services Inc. Has $42.61 Million Position in Capital Group Municipal Income ETF $CGMU

Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 3.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,556,081 shares of the company’s stock after acquiring an additional 51,727 shares during the period. Capital Group Municipal Income ETF accounts for about 0.7% of Capital Group Private Client Services Inc.’s portfolio, making the stock its 24th largest position. Capital Group Private Client Services Inc. owned approximately 0.85% of Capital Group Municipal Income ETF worth $42,606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Atlas Private Wealth Advisors raised its holdings in Capital Group Municipal Income ETF by 1.2% during the fourth quarter. Atlas Private Wealth Advisors now owns 35,016 shares of the company’s stock worth $959,000 after buying an additional 402 shares during the last quarter. Cerity Partners LLC raised its holdings in Capital Group Municipal Income ETF by 0.7% during the second quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock worth $1,607,000 after buying an additional 433 shares during the last quarter. Florida Financial Advisors LLC raised its holdings in Capital Group Municipal Income ETF by 4.0% during the fourth quarter. Florida Financial Advisors LLC now owns 12,640 shares of the company’s stock worth $346,000 after buying an additional 485 shares during the last quarter. Transcendent Capital Group LLC raised its holdings in shares of Capital Group Municipal Income ETF by 2.5% in the fourth quarter. Transcendent Capital Group LLC now owns 20,430 shares of the company’s stock valued at $559,000 after purchasing an additional 492 shares during the last quarter. Finally, Meridian Wealth Management LLC raised its holdings in shares of Capital Group Municipal Income ETF by 1.9% in the fourth quarter. Meridian Wealth Management LLC now owns 28,173 shares of the company’s stock valued at $771,000 after purchasing an additional 512 shares during the last quarter.

Capital Group Municipal Income ETF Trading Down 0.2%

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