Kestra Private Wealth Services LLC Acquires 19,709 Shares of Capital Group Municipal Income ETF $CGMU

Kestra Private Wealth Services LLC raised its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 4.6% in the first quarter, Holdings Channel.com reports. The fund owned 450,132 shares of the company’s stock after acquiring an additional 19,709 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Capital Group Municipal Income ETF were worth $12,221,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC acquired a new position in shares of Capital Group Municipal Income ETF during the 4th quarter worth $48,000. CIBC Private Wealth Group LLC acquired a new stake in shares of Capital Group Municipal Income ETF in the 3rd quarter valued at $58,000. Ameriflex Group Inc. acquired a new stake in shares of Capital Group Municipal Income ETF in the 3rd quarter valued at $67,000. Flagship Harbor Advisors LLC bought a new stake in Capital Group Municipal Income ETF in the fourth quarter worth $78,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Capital Group Municipal Income ETF in the fourth quarter worth $120,000.

Capital Group Municipal Income ETF Price Performance

Capital Group Municipal Income ETF stock opened at $27.49 on Friday. Capital Group Municipal Income ETF has a one year low of $26.58 and a one year high of $27.93. The company’s fifty day moving average price is $27.38 and its two-hundred day moving average price is $27.46.

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.