Kestra Private Wealth Services LLC Has $12.22 Million Holdings in Capital Group Municipal Income ETF $CGMU

Kestra Private Wealth Services LLC lifted its position in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 4.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 450,132 shares of the company’s stock after acquiring an additional 19,709 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.22% of Capital Group Municipal Income ETF worth $12,221,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital International Investors lifted its holdings in shares of Capital Group Municipal Income ETF by 1.6% in the fourth quarter. Capital International Investors now owns 46,328,510 shares of the company’s stock valued at $1,268,475,000 after purchasing an additional 743,875 shares in the last quarter. Morgan Stanley grew its holdings in shares of Capital Group Municipal Income ETF by 38.2% during the fourth quarter. Morgan Stanley now owns 8,991,680 shares of the company’s stock valued at $246,192,000 after buying an additional 2,484,296 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Capital Group Municipal Income ETF by 15.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,596,372 shares of the company’s stock valued at $207,989,000 after buying an additional 998,606 shares during the period. LPL Financial LLC raised its position in Capital Group Municipal Income ETF by 28.0% during the fourth quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock valued at $184,996,000 after buying an additional 1,479,528 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in Capital Group Municipal Income ETF by 16.7% in the 4th quarter. Wells Fargo & Company MN now owns 4,742,102 shares of the company’s stock worth $129,839,000 after acquiring an additional 679,217 shares in the last quarter.

Capital Group Municipal Income ETF Price Performance

Shares of Capital Group Municipal Income ETF stock opened at $27.49 on Friday. Capital Group Municipal Income ETF has a 1 year low of $26.58 and a 1 year high of $27.93. The stock has a 50-day moving average price of $27.38 and a 200 day moving average price of $27.46.

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.