GWN Securities Inc. grew its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 39.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,007 shares of the company’s stock after buying an additional 19,124 shares during the quarter. GWN Securities Inc.’s holdings in Capital Group Municipal Income ETF were worth $1,862,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the business. Capital Analysts LLC lifted its holdings in shares of Capital Group Municipal Income ETF by 19.5% in the 4th quarter. Capital Analysts LLC now owns 432,799 shares of the company’s stock valued at $11,850,000 after buying an additional 70,603 shares during the period. Cerity Partners LLC lifted its holdings in shares of Capital Group Municipal Income ETF by 172.0% in the 4th quarter. Cerity Partners LLC now owns 164,948 shares of the company’s stock valued at $4,516,000 after buying an additional 104,306 shares during the period. LPL Financial LLC lifted its holdings in shares of Capital Group Municipal Income ETF by 28.0% in the 4th quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock valued at $184,996,000 after buying an additional 1,479,528 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Capital Group Municipal Income ETF by 104.0% in the 4th quarter. JPMorgan Chase & Co. now owns 580,336 shares of the company’s stock valued at $15,890,000 after buying an additional 295,907 shares during the period. Finally, Milestone Investment Advisors LLC lifted its holdings in shares of Capital Group Municipal Income ETF by 10.2% in the 4th quarter. Milestone Investment Advisors LLC now owns 19,676 shares of the company’s stock valued at $539,000 after buying an additional 1,828 shares during the period.
Capital Group Municipal Income ETF Price Performance
CGMU opened at $27.37 on Thursday. The business has a 50 day simple moving average of $27.34 and a 200-day simple moving average of $27.46. Capital Group Municipal Income ETF has a 12 month low of $26.54 and a 12 month 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.
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