Capital Group Municipal Income ETF $CGMU Shares Acquired by Mosaic Family Wealth Partners LLC

Mosaic Family Wealth Partners LLC lifted its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 31.4% during the first quarter, Holdings Channel reports. The institutional investor owned 202,761 shares of the company’s stock after acquiring an additional 48,482 shares during the quarter. Capital Group Municipal Income ETF makes up approximately 0.6% of Mosaic Family Wealth Partners LLC’s investment portfolio, making the stock its 25th largest position. Mosaic Family Wealth Partners LLC’s holdings in Capital Group Municipal Income ETF were worth $5,505,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Core Wealth Advisors LLC purchased a new position in Capital Group Municipal Income ETF during the fourth quarter valued at approximately $48,000. CIBC Private Wealth Group LLC purchased a new stake in Capital Group Municipal Income ETF in the 3rd quarter worth approximately $58,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth approximately $78,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth approximately $120,000. Finally, Signaturefd LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth approximately $125,000.

Capital Group Municipal Income ETF Stock Down 0.0%

NYSEARCA:CGMU opened at $27.38 on Friday. The company has a 50 day moving average price of $27.38 and a 200-day moving average price of $27.47. Capital Group Municipal Income ETF has a 1-year low of $26.58 and a 1-year 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.