Capital International Investors Has $1.27 Billion Stock Holdings in Capital Group Municipal Income ETF $CGMU

Capital International Investors lifted its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,328,510 shares of the company’s stock after acquiring an additional 743,875 shares during the quarter. Capital International Investors owned approximately 25.32% of Capital Group Municipal Income ETF worth $1,268,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Atlas Private Wealth Advisors increased its stake in shares of Capital Group Municipal Income ETF by 1.2% in the fourth quarter. Atlas Private Wealth Advisors now owns 35,016 shares of the company’s stock worth $959,000 after acquiring an additional 402 shares during the last quarter. Cerity Partners LLC boosted its holdings in Capital Group Municipal Income ETF by 0.7% in the second quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock worth $1,607,000 after purchasing an additional 433 shares in the last quarter. Florida Financial Advisors LLC boosted its holdings in Capital Group Municipal Income ETF by 4.0% in the fourth quarter. Florida Financial Advisors LLC now owns 12,640 shares of the company’s stock worth $346,000 after purchasing an additional 485 shares in the last quarter. Transcendent Capital Group LLC boosted its holdings in 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 worth $559,000 after purchasing an additional 492 shares in the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in 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 worth $771,000 after purchasing an additional 512 shares in the last quarter.

Capital Group Municipal Income ETF Trading Down 0.2%

Shares of NYSEARCA:CGMU opened at $27.38 on Friday. Capital Group Municipal Income ETF has a 1 year low of $26.49 and a 1 year high of $27.93. The firm has a fifty day moving average price of $27.33 and a 200 day moving average price of $27.46.

About Capital Group Municipal Income ETF

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.