Private Advisor Group LLC Buys 66,807 Shares of Capital Group Municipal Income ETF $CGMU

Private Advisor Group LLC grew its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 7.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 908,634 shares of the company’s stock after buying an additional 66,807 shares during the period. Private Advisor Group LLC’s holdings in Capital Group Municipal Income ETF were worth $24,669,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC lifted its holdings in shares of Capital Group Municipal Income ETF by 23.6% during the 1st quarter. Jane Street Group LLC now owns 228,094 shares of the company’s stock worth $6,117,000 after acquiring an additional 43,538 shares during the last quarter. Cerity Partners LLC increased its stake in Capital Group Municipal Income ETF by 0.7% in the second quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock valued at $1,607,000 after acquiring an additional 433 shares during the last quarter. NewEdge Advisors LLC increased its stake in Capital Group Municipal Income ETF by 105.7% in the second quarter. NewEdge Advisors LLC now owns 123,537 shares of the company’s stock valued at $3,297,000 after acquiring an additional 63,473 shares during the last quarter. Sei Investments Co. bought a new position in Capital Group Municipal Income ETF in the second quarter valued at $6,154,000. Finally, Raymond James Financial Inc. raised its position in Capital Group Municipal Income ETF by 45.6% during the second quarter. Raymond James Financial Inc. now owns 1,152,361 shares of the company’s stock valued at $30,757,000 after purchasing an additional 360,770 shares in the last quarter.

Capital Group Municipal Income ETF Price Performance

Shares of CGMU stock opened at $27.49 on Friday. The business has a 50-day moving average price of $27.38 and a two-hundred day moving average price of $27.47. Capital Group Municipal Income ETF has a 12-month low of $26.58 and a 12-month high of $27.93.

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.