World Investment Advisors Has $5.38 Million Stock Position in Capital Group Municipal Income ETF $CGMU

World Investment Advisors grew its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 18.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 196,510 shares of the company’s stock after buying an additional 30,297 shares during the quarter. World Investment Advisors’ holdings in Capital Group Municipal Income ETF were worth $5,380,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CGMU. Assetmark Inc. raised its holdings in shares of Capital Group Municipal Income ETF by 11.6% in the fourth quarter. Assetmark Inc. now owns 1,207,850 shares of the company’s stock valued at $33,071,000 after purchasing an additional 125,592 shares during the last quarter. Confluence Wealth Services Inc. raised its holdings in shares of Capital Group Municipal Income ETF by 49.8% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,117,976 shares of the company’s stock valued at $30,610,000 after purchasing an additional 371,573 shares during the last quarter. Bank of Marin bought a new position in shares of Capital Group Municipal Income ETF in the third quarter valued at approximately $607,000. Legacy Private Trust Co. bought a new position in shares of Capital Group Municipal Income ETF in the fourth quarter valued at approximately $2,484,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Municipal Income ETF by 18.7% in the third quarter. Envestnet Asset Management Inc. now owns 9,998,302 shares of the company’s stock valued at $272,854,000 after acquiring an additional 1,573,897 shares in the last quarter.

Capital Group Municipal Income ETF Stock Down 0.1%

CGMU stock opened at $27.37 on Friday. The business has a 50 day moving average of $27.32 and a 200-day moving average of $27.46. Capital Group Municipal Income ETF has a 12-month low of $26.48 and a 12-month high of $27.93.

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.