Leverty Financial Group LLC Raises Stock Holdings in Capital Group Municipal Income ETF $CGMU

Leverty Financial Group LLC lifted its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 16.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,503 shares of the company’s stock after buying an additional 23,337 shares during the quarter. Capital Group Municipal Income ETF comprises 0.9% of Leverty Financial Group LLC’s portfolio, making the stock its 15th biggest holding. Leverty Financial Group LLC’s holdings in Capital Group Municipal Income ETF were worth $4,601,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Assetmark Inc. lifted its position 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 acquiring an additional 125,592 shares in the last quarter. Confluence Wealth Services Inc. raised its position in shares of Capital Group Municipal Income ETF by 49.8% during the fourth quarter. Confluence Wealth Services Inc. now owns 1,117,976 shares of the company’s stock valued at $30,610,000 after buying an additional 371,573 shares during the last quarter. RMR Wealth Builders purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter worth $9,251,000. Boulder Wealth Advisors LLC purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter worth $9,452,000. Finally, FWG Holdings LLC bought a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth $1,421,000.

Capital Group Municipal Income ETF Trading Up 0.1%

Shares of CGMU stock opened at $27.16 on Wednesday. The company’s fifty day simple moving average is $27.32 and its two-hundred day simple moving average is $27.42. Capital Group Municipal Income ETF has a 52 week low of $26.72 and a 52 week 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.