Capital Group Municipal Income ETF $CGMU is Royal Harbor Partners LLC’s 8th Largest Position

Royal Harbor Partners LLC raised its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 443,171 shares of the company’s stock after acquiring an additional 18,465 shares during the period. Capital Group Municipal Income ETF makes up about 4.0% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 8th largest position. Royal Harbor Partners LLC’s holdings in Capital Group Municipal Income ETF were worth $12,134,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC boosted its stake in shares of Capital Group Municipal Income ETF by 23.6% during the 1st quarter. Jane Street Group LLC now owns 228,094 shares of the company’s stock worth $6,117,000 after purchasing an additional 43,538 shares during the period. Cerity Partners LLC grew its holdings in Capital Group Municipal Income ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 60,202 shares of the company’s stock valued at $1,607,000 after purchasing 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 worth $3,297,000 after purchasing an additional 63,473 shares during the period. Sei Investments Co. purchased a new stake in Capital Group Municipal Income ETF in the 2nd quarter worth about $6,154,000. Finally, Raymond James Financial Inc. lifted its stake 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 purchasing an additional 360,770 shares during the last quarter.

Capital Group Municipal Income ETF Price Performance

Shares of NYSEARCA CGMU opened at $27.46 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 has a 50-day simple moving average of $27.37 and a two-hundred day simple moving average of $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.