Mosaic Family Wealth Partners LLC Acquires 48,482 Shares of Capital Group Municipal Income ETF $CGMU

Mosaic Family Wealth Partners LLC boosted its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 31.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 202,761 shares of the company’s stock after buying an additional 48,482 shares during the period. Capital Group Municipal Income ETF accounts for about 0.6% of Mosaic Family Wealth Partners LLC’s investment portfolio, making the stock its 25th biggest holding. Mosaic Family Wealth Partners LLC owned approximately 0.10% of Capital Group Municipal Income ETF worth $5,505,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Core Wealth Advisors LLC bought a new stake in Capital Group Municipal Income ETF during the fourth quarter valued at about $48,000. CIBC Private Wealth Group LLC purchased a new stake in shares of Capital Group Municipal Income ETF during the third quarter valued at about $58,000. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group Municipal Income ETF in the 4th quarter valued at about $78,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth approximately $120,000. Finally, Signaturefd LLC purchased a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth approximately $125,000.

Capital Group Municipal Income ETF Trading Down 0.0%

NYSEARCA CGMU opened at $27.38 on Friday. Capital Group Municipal Income ETF has a 52 week low of $26.58 and a 52 week high of $27.93. The company has a 50 day moving average price of $27.38 and a 200 day moving average price of $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.