Hunter Associates Investment Management LLC raised its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 12.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 559,824 shares of the company’s stock after buying an additional 59,912 shares during the quarter. Capital Group Municipal Income ETF comprises 2.0% of Hunter Associates Investment Management LLC’s investment portfolio, making the stock its 11th largest holding. Hunter Associates Investment Management LLC owned approximately 0.27% of Capital Group Municipal Income ETF worth $15,202,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Core Wealth Advisors LLC acquired a new stake in shares of Capital Group Municipal Income ETF in the fourth quarter worth $48,000. CIBC Private Wealth Group LLC bought a new position in Capital Group Municipal Income ETF during the third quarter worth $58,000. Ameriflex Group Inc. bought a new position in Capital Group Municipal Income ETF during the third quarter worth $67,000. Flagship Harbor Advisors LLC acquired a new position in Capital Group Municipal Income ETF during the 4th quarter valued at $78,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Capital Group Municipal Income ETF during the 4th quarter valued at $120,000.
Capital Group Municipal Income ETF Price Performance
Shares of Capital Group Municipal Income ETF stock opened at $27.49 on Friday. Capital Group Municipal Income ETF has a fifty-two week low of $26.58 and a fifty-two week high of $27.93. The firm has a fifty day moving average price of $27.38 and a two-hundred day moving average price of $27.47.
Capital Group Municipal Income ETF Company 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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