Natixis Advisors LLC boosted its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 209.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 363,738 shares of the company’s stock after purchasing an additional 246,372 shares during the period. Natixis Advisors LLC’s holdings in Capital Group Municipal Income ETF were worth $9,959,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. Capital International Investors increased its holdings in shares of 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 worth $1,244,005,000 after buying an additional 5,890,074 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Capital Group Municipal Income ETF by 15.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,596,372 shares of the company’s stock worth $207,989,000 after acquiring an additional 998,606 shares during the last quarter. UBS Group AG grew its position in Capital Group Municipal Income ETF by 12.6% during the 4th quarter. UBS Group AG now owns 4,032,770 shares of the company’s stock worth $110,417,000 after acquiring an additional 450,074 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Capital Group Municipal Income ETF by 20.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,902,883 shares of the company’s stock valued at $52,101,000 after purchasing an additional 318,515 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in Capital Group Municipal Income ETF by 18.1% during the 2nd quarter. MML Investors Services LLC now owns 1,825,400 shares of the company’s stock valued at $48,720,000 after purchasing an additional 279,546 shares in the last quarter.
Capital Group Municipal Income ETF Stock Performance
Shares of CGMU opened at $27.38 on Monday. The stock has a fifty day moving average price of $27.33 and a two-hundred day moving average price of $27.46. Capital Group Municipal Income ETF has a 52-week low of $26.49 and a 52-week high of $27.93.
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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