Great Valley Advisor Group Inc. Purchases 18,926 Shares of Capital Group Municipal Income ETF $CGMU

Great Valley Advisor Group Inc. grew its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 1.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,250,925 shares of the company’s stock after acquiring an additional 18,926 shares during the quarter. Great Valley Advisor Group Inc. owned about 0.68% of Capital Group Municipal Income ETF worth $34,250,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Cornerstone Advisors Asset Management LLC boosted its position in shares of Capital Group Municipal Income ETF by 6.2% during the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 157,437 shares of the company’s stock valued at $4,311,000 after acquiring an additional 9,161 shares during the last quarter. Gateway Wealth Partners LLC boosted its position in shares of Capital Group Municipal Income ETF by 56.7% during the 4th quarter. Gateway Wealth Partners LLC now owns 39,099 shares of the company’s stock valued at $1,071,000 after acquiring an additional 14,143 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Capital Group Municipal Income ETF by 5.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 688,364 shares of the company’s stock worth $18,847,000 after buying an additional 34,441 shares during the last quarter. GWN Securities Inc. lifted its position in Capital Group Municipal Income ETF by 39.1% in the fourth quarter. GWN Securities Inc. now owns 68,007 shares of the company’s stock worth $1,862,000 after buying an additional 19,124 shares during the last quarter. Finally, Capital Analysts LLC lifted its position in Capital Group Municipal Income ETF by 19.5% in the fourth quarter. Capital Analysts LLC now owns 432,799 shares of the company’s stock worth $11,850,000 after buying an additional 70,603 shares during the last quarter.

Capital Group Municipal Income ETF Stock Performance

Shares of CGMU opened at $27.40 on Friday. The business has a fifty day moving average of $27.35 and a 200 day moving average of $27.46. Capital Group Municipal Income ETF has a 52-week low of $26.58 and a 52-week high of $27.93.

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.