Capital Group Municipal Income ETF $CGMU Shares Bought by Family Manage LLC

Family Manage LLC increased its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 112.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 58,018 shares of the company’s stock after acquiring an additional 30,696 shares during the period. Family Manage LLC’s holdings in Capital Group Municipal Income ETF were worth $1,575,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of CGMU. Gateway Wealth Partners LLC increased its position in Capital Group Municipal Income ETF by 285.5% during the first quarter. Gateway Wealth Partners LLC now owns 150,736 shares of the company’s stock worth $4,092,000 after purchasing an additional 111,637 shares during the last quarter. Blue Chip Partners LLC raised its stake in Capital Group Municipal Income ETF by 1.1% during the first quarter. Blue Chip Partners LLC now owns 1,653,001 shares of the company’s stock worth $44,879,000 after purchasing an additional 17,316 shares during the period. Waverly Advisors LLC acquired a new position in shares of Capital Group Municipal Income ETF in the 1st quarter valued at $226,000. CLG LLC boosted its holdings in shares of Capital Group Municipal Income ETF by 27.3% in the 1st quarter. CLG LLC now owns 16,534 shares of the company’s stock valued at $449,000 after purchasing an additional 3,546 shares during the last quarter. Finally, Greenline Wealth Management LLC grew its stake in shares of Capital Group Municipal Income ETF by 18.5% during the 1st quarter. Greenline Wealth Management LLC now owns 19,580 shares of the company’s stock valued at $532,000 after buying an additional 3,063 shares during the period.

Capital Group Municipal Income ETF Stock Performance

CGMU stock opened at $27.05 on Monday. The business has a fifty day simple moving average of $27.36 and a 200-day simple moving average of $27.46. Capital Group Municipal Income ETF has a 52 week low of $26.59 and a 52 week high of $27.93.

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.