Leverty Financial Group LLC Raises Position in Capital Group Municipal Income ETF $CGMU

Leverty Financial Group LLC increased its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 16.2% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 167,503 shares of the company’s stock after purchasing an additional 23,337 shares during the period. Capital Group Municipal Income ETF makes up about 0.9% of Leverty Financial Group LLC’s holdings, making the stock its 15th biggest holding. Leverty Financial Group LLC owned approximately 0.07% of Capital Group Municipal Income ETF worth $4,601,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Atlas Private Wealth Advisors increased its stake in shares of Capital Group Municipal Income ETF by 1.2% during the fourth quarter. Atlas Private Wealth Advisors now owns 35,016 shares of the company’s stock valued at $959,000 after buying an additional 402 shares during the period. Cerity Partners LLC increased its position in shares of Capital Group Municipal Income ETF by 0.7% during the second quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock valued at $1,607,000 after buying an additional 433 shares during the period. Florida Financial Advisors LLC grew its holdings in shares of Capital Group Municipal Income ETF by 4.0% during the 4th quarter. Florida Financial Advisors LLC now owns 12,640 shares of the company’s stock worth $346,000 after acquiring an additional 485 shares during the period. Transcendent Capital Group LLC raised its holdings in Capital Group Municipal Income ETF by 2.5% in the fourth quarter. Transcendent Capital Group LLC now owns 20,430 shares of the company’s stock worth $559,000 after purchasing an additional 492 shares in the last quarter. Finally, Meridian Wealth Management LLC lifted its position in Capital Group Municipal Income ETF by 1.9% during the 4th quarter. Meridian Wealth Management LLC now owns 28,173 shares of the company’s stock valued at $771,000 after acquiring an additional 512 shares during the period.

Capital Group Municipal Income ETF Stock Up 0.1%

Shares of Capital Group Municipal Income ETF stock opened at $27.16 on Wednesday. The company has a 50-day simple moving average of $27.32 and a two-hundred day simple moving average of $27.42. Capital Group Municipal Income ETF has a 52-week low of $26.72 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.