IMPACTfolio LLC purchased a new position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 211,614 shares of the company’s stock, valued at approximately $5,745,000. Capital Group Municipal Income ETF makes up about 2.4% of IMPACTfolio LLC’s investment portfolio, making the stock its 8th largest holding.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Core Wealth Advisors LLC purchased a new stake in Capital Group Municipal Income ETF during the fourth quarter worth about $48,000. CIBC Private Wealth Group LLC purchased a new position in shares of Capital Group Municipal Income ETF in the third quarter valued at approximately $58,000. Flagship Harbor Advisors LLC purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at approximately $78,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at approximately $120,000. Finally, Signaturefd LLC acquired a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at approximately $125,000.
Capital Group Municipal Income ETF Stock Down 0.0%
Shares of CGMU opened at $27.38 on Friday. Capital Group Municipal Income ETF has a fifty-two week low of $26.58 and a fifty-two week high of $27.93. The firm’s 50 day moving average price is $27.38 and its 200 day moving average price 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.
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