Milestone Investment Advisors LLC Purchases 25,399 Shares of Capital Group Municipal Income ETF $CGMU

Milestone Investment Advisors LLC raised its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 129.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,075 shares of the company’s stock after purchasing an additional 25,399 shares during the quarter. Milestone Investment Advisors LLC’s holdings in Capital Group Municipal Income ETF were worth $1,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in Capital Group Municipal Income ETF by 11.6% during the 4th quarter. Assetmark Inc. now owns 1,207,850 shares of the company’s stock valued at $33,071,000 after acquiring an additional 125,592 shares during the period. Confluence Wealth Services Inc. boosted its holdings in shares of Capital Group Municipal Income ETF by 49.8% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,117,976 shares of the company’s stock worth $30,610,000 after acquiring an additional 371,573 shares during the period. RMR Wealth Builders bought a new position in shares of Capital Group Municipal Income ETF in the fourth quarter worth $9,251,000. Legacy Private Trust Co. purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at $2,484,000. Finally, McNamara Financial Services Inc. purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at $7,041,000.

Capital Group Municipal Income ETF Trading Down 0.1%

NYSEARCA:CGMU opened at $27.36 on Thursday. Capital Group Municipal Income ETF has a 52-week low of $26.58 and a 52-week high of $27.93. The business’s fifty day moving average is $27.38 and its 200 day moving average is $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.