Clear Trail Advisors LLC Takes Position in Capital Group Municipal Income ETF $CGMU

Clear Trail Advisors LLC purchased a new position in Capital Group Municipal Income ETF (NYSEARCA:CGMU) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 512,183 shares of the company’s stock, valued at approximately $13,906,000. Capital Group Municipal Income ETF makes up about 2.3% of Clear Trail Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Clear Trail Advisors LLC owned 0.25% of Capital Group Municipal Income ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Capital International Investors grew its position in Capital Group Municipal Income ETF by 14.8% during the third quarter. Capital International Investors now owns 45,584,635 shares of the company’s stock valued at $1,244,005,000 after purchasing an additional 5,890,074 shares in the last quarter. Morgan Stanley boosted its stake in shares of Capital Group Municipal Income ETF by 38.2% during the 4th quarter. Morgan Stanley now owns 8,991,680 shares of the company’s stock valued at $246,192,000 after buying an additional 2,484,296 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Municipal Income ETF by 32.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,597,766 shares of the company’s stock valued at $180,053,000 after buying an additional 1,620,219 shares during the period. LPL Financial LLC grew its holdings in shares of Capital Group Municipal Income ETF by 28.0% during the 4th quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock valued at $184,996,000 after acquiring an additional 1,479,528 shares in the last quarter. Finally, Blue Chip Partners LLC grew its holdings in shares of Capital Group Municipal Income ETF by 2,093.0% during the 2nd quarter. Blue Chip Partners LLC now owns 1,517,911 shares of the company’s stock valued at $40,513,000 after acquiring an additional 1,448,696 shares in the last quarter.

Capital Group Municipal Income ETF Stock Up 0.0%

NYSEARCA CGMU opened at $27.47 on Tuesday. Capital Group Municipal Income ETF has a 1-year low of $26.58 and a 1-year high of $27.93. The firm’s fifty day simple moving average is $27.37 and its 200-day simple moving average is $27.46.

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.