Stephens Inc. AR Buys 37,790 Shares of Capital Group Municipal Income ETF $CGMU

Stephens Inc. AR increased its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 49.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 113,535 shares of the company’s stock after buying an additional 37,790 shares during the period. Stephens Inc. AR owned about 0.05% of Capital Group Municipal Income ETF worth $3,082,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth approximately $48,000. CIBC Private Wealth Group LLC bought a new stake in shares of Capital Group Municipal Income ETF in the 3rd quarter worth approximately $58,000. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group Municipal Income ETF in the fourth quarter valued at $78,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Capital Group Municipal Income ETF in the fourth quarter valued at $120,000. Finally, Signaturefd LLC bought a new stake in shares of Capital Group Municipal Income ETF in the fourth quarter valued at $125,000.

Capital Group Municipal Income ETF Stock Down 0.1%

Shares of NYSEARCA CGMU opened at $27.39 on Thursday. Capital Group Municipal Income ETF has a one year low of $26.58 and a one year high of $27.93. The business’s fifty day moving average price is $27.38 and its 200-day moving average price is $27.47.

Capital Group Municipal Income ETF 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.