Capital Group Municipal Income ETF $CGMU Shares Purchased by MML Investors Services LLC

MML Investors Services LLC lifted its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 12.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,377,012 shares of the company’s stock after purchasing an additional 265,406 shares during the quarter. MML Investors Services LLC’s holdings in Capital Group Municipal Income ETF were worth $65,083,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in CGMU. Capital International Investors raised its position in shares of Capital Group Municipal Income ETF by 14.8% during the 3rd quarter. Capital International Investors now owns 45,584,635 shares of the company’s stock worth $1,244,005,000 after purchasing an additional 5,890,074 shares during the period. Morgan Stanley raised its position in shares of Capital Group Municipal Income ETF by 38.2% during the 4th quarter. Morgan Stanley now owns 8,991,680 shares of the company’s stock worth $246,192,000 after purchasing an additional 2,484,296 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group Municipal Income ETF by 32.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,597,766 shares of the company’s stock worth $180,053,000 after purchasing an additional 1,620,219 shares during the period. LPL Financial LLC raised its position in shares of Capital Group Municipal Income ETF by 28.0% during the 4th quarter. LPL Financial LLC now owns 6,756,622 shares of the company’s stock worth $184,996,000 after purchasing an additional 1,479,528 shares during the period. Finally, Blue Chip Partners LLC raised its position in shares of Capital Group Municipal Income ETF by 2,093.0% during the 2nd quarter. Blue Chip Partners LLC now owns 1,517,911 shares of the company’s stock worth $40,513,000 after purchasing an additional 1,448,696 shares during the period.

Capital Group Municipal Income ETF Trading Up 0.1%

Shares of Capital Group Municipal Income ETF stock opened at $27.42 on Tuesday. The business’s 50 day simple moving average is $27.36 and its 200-day simple moving average is $27.46. Capital Group Municipal Income ETF has a twelve month low of $26.58 and a twelve month high of $27.93.

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.