Main Line Retirement Advisors LLC Buys 27,791 Shares of Capital Group Municipal Income ETF $CGMU

Main Line Retirement Advisors LLC raised its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 38.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,373 shares of the company’s stock after purchasing an additional 27,791 shares during the quarter. Capital Group Municipal Income ETF accounts for about 1.4% of Main Line Retirement Advisors LLC’s portfolio, making the stock its 14th biggest position. Main Line Retirement Advisors LLC’s holdings in Capital Group Municipal Income ETF were worth $2,725,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Jane Street Group LLC lifted its holdings in shares of Capital Group Municipal Income ETF by 23.6% in the first quarter. Jane Street Group LLC now owns 228,094 shares of the company’s stock valued at $6,117,000 after purchasing an additional 43,538 shares in the last quarter. Cerity Partners LLC raised its position in Capital Group Municipal Income ETF by 0.7% in the 2nd quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock valued at $1,607,000 after buying an additional 433 shares during the last quarter. NewEdge Advisors LLC raised its position in Capital Group Municipal Income ETF by 105.7% in the 2nd quarter. NewEdge Advisors LLC now owns 123,537 shares of the company’s stock valued at $3,297,000 after buying an additional 63,473 shares during the last quarter. Sei Investments Co. bought a new position in Capital Group Municipal Income ETF during the 2nd quarter valued at $6,154,000. Finally, Raymond James Financial Inc. lifted its stake in Capital Group Municipal Income ETF by 45.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,152,361 shares of the company’s stock valued at $30,757,000 after acquiring an additional 360,770 shares in the last quarter.

Capital Group Municipal Income ETF Stock Up 0.0%

CGMU opened at $27.49 on Friday. Capital Group Municipal Income ETF has a 1 year low of $26.58 and a 1 year high of $27.93. The firm’s fifty day moving average price is $27.38 and its two-hundred day moving average price is $27.46.

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.