Optimus Capital Advisors LLC grew its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 19.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 123,881 shares of the company’s stock after purchasing an additional 20,538 shares during the quarter. Capital Group Municipal Income ETF makes up 2.0% of Optimus Capital Advisors LLC’s portfolio, making the stock its 17th largest holding. Optimus Capital Advisors LLC’s holdings in Capital Group Municipal Income ETF were worth $3,363,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of CGMU. 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 buying an additional 43,538 shares during the period. Cerity Partners LLC lifted its holdings 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 acquiring an additional 433 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Capital Group Municipal Income ETF by 105.7% during the 2nd quarter. NewEdge Advisors LLC now owns 123,537 shares of the company’s stock valued at $3,297,000 after purchasing an additional 63,473 shares in the last quarter. Sei Investments Co. bought a new stake in Capital Group Municipal Income ETF during the second quarter worth approximately $6,154,000. Finally, Raymond James Financial Inc. grew its position in Capital Group Municipal Income ETF by 45.6% in the second quarter. Raymond James Financial Inc. now owns 1,152,361 shares of the company’s stock worth $30,757,000 after buying an additional 360,770 shares during the last quarter.
Capital Group Municipal Income ETF Price Performance
NYSEARCA CGMU opened at $27.00 on Monday. Capital Group Municipal Income ETF has a 1 year low of $26.59 and a 1 year high of $27.93. The business’s fifty day moving average is $27.35 and its two-hundred day moving average is $27.45.
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.
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