Capital Group Municipal Income ETF $CGMU Shares Acquired by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. lifted its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 9.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 820,211 shares of the company’s stock after buying an additional 71,354 shares during the period. Capital Group Municipal Income ETF makes up approximately 5.0% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 4th biggest holding. J. Derek Lewis & Associates Inc.’s holdings in Capital Group Municipal Income ETF were worth $22,242,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. January Capital Advisors LLC acquired a new position in shares of Capital Group Municipal Income ETF in the 1st quarter valued at $764,000. Western Wealth Management LLC lifted its position in Capital Group Municipal Income ETF by 91.3% during the 1st quarter. Western Wealth Management LLC now owns 59,505 shares of the company’s stock worth $1,616,000 after acquiring an additional 28,404 shares during the period. Bank of America Corp DE lifted its position in Capital Group Municipal Income ETF by 119.9% during the 1st quarter. Bank of America Corp DE now owns 1,696,201 shares of the company’s stock worth $46,052,000 after acquiring an additional 924,704 shares during the period. Centaurus Financial Inc. grew its stake in Capital Group Municipal Income ETF by 69.7% during the 1st quarter. Centaurus Financial Inc. now owns 22,394 shares of the company’s stock valued at $608,000 after purchasing an additional 9,194 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in Capital Group Municipal Income ETF by 3.2% during the 1st quarter. Arkadios Wealth Advisors now owns 72,826 shares of the company’s stock valued at $1,977,000 after purchasing an additional 2,284 shares during the last quarter.

Capital Group Municipal Income ETF Price Performance

Shares of CGMU stock opened at $27.12 on Friday. Capital Group Municipal Income ETF has a fifty-two week low of $26.59 and a fifty-two week high of $27.93. The stock’s 50-day simple moving average is $27.36 and its 200-day simple moving average is $27.45.

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.