Capital Group Municipal Income ETF (NYSEARCA:CGMU) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lifted its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 45.9% in the first quarter, HoldingsChannel reports. The firm owned 120,262 shares of the company’s stock after buying an additional 37,819 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Capital Group Municipal Income ETF were worth $3,248,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CGMU. Kestra Advisory Services LLC acquired a new position in shares of Capital Group Municipal Income ETF in the third quarter valued at approximately $312,000. LPL Financial LLC grew its holdings in shares of Capital Group Municipal Income ETF by 116.0% in the third quarter. LPL Financial LLC now owns 202,902 shares of the company’s stock valued at $5,215,000 after purchasing an additional 108,953 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Capital Group Municipal Income ETF by 681.5% in the third quarter. Stifel Financial Corp now owns 111,821 shares of the company’s stock valued at $2,874,000 after purchasing an additional 97,513 shares in the last quarter. Mutual Advisors LLC grew its holdings in shares of Capital Group Municipal Income ETF by 30.8% in the third quarter. Mutual Advisors LLC now owns 24,967 shares of the company’s stock valued at $642,000 after purchasing an additional 5,883 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in shares of Capital Group Municipal Income ETF by 110.7% in the third quarter. Harbour Investments Inc. now owns 19,791 shares of the company’s stock valued at $509,000 after purchasing an additional 10,398 shares in the last quarter.

Capital Group Municipal Income ETF Trading Up 0.1 %

NYSEARCA CGMU opened at $26.91 on Friday. Capital Group Municipal Income ETF has a 52 week low of $25.32 and a 52 week high of $27.22. The firm has a 50 day moving average of $26.84 and a two-hundred day moving average of $26.94.

About Capital Group Municipal Income ETF

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.