U.S. Capital Wealth Advisors LLC Has $1.83 Million Stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

U.S. Capital Wealth Advisors LLC lifted its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 379.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,548 shares of the company’s stock after buying an additional 53,448 shares during the period. U.S. Capital Wealth Advisors LLC owned about 0.89% of Capital Group Municipal Income ETF worth $1,829,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CGMU. Capital Planning LLC increased its stake in Capital Group Municipal Income ETF by 0.6% in the 4th quarter. Capital Planning LLC now owns 202,420 shares of the company’s stock valued at $5,501,000 after buying an additional 1,179 shares during the last quarter. IFG Advisory LLC increased its position in shares of Capital Group Municipal Income ETF by 11.2% in the fourth quarter. IFG Advisory LLC now owns 17,305 shares of the company’s stock valued at $469,000 after acquiring an additional 1,745 shares during the last quarter. Concourse Financial Group Securities Inc. raised its holdings in Capital Group Municipal Income ETF by 43.9% during the third quarter. Concourse Financial Group Securities Inc. now owns 6,462 shares of the company’s stock worth $167,000 after acquiring an additional 1,970 shares in the last quarter. Atria Wealth Solutions Inc. boosted its position in Capital Group Municipal Income ETF by 8.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 27,054 shares of the company’s stock valued at $733,000 after purchasing an additional 2,194 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of Capital Group Municipal Income ETF by 31.3% in the 4th quarter. Koshinski Asset Management Inc. now owns 14,191 shares of the company’s stock valued at $384,000 after buying an additional 3,379 shares during the last quarter.

Capital Group Municipal Income ETF Price Performance

CGMU traded up $0.08 during trading on Friday, reaching $26.80. 235,695 shares of the stock were exchanged, compared to its average volume of 185,314. The stock’s 50 day moving average price is $26.91 and its two-hundred day moving average price is $26.71. Capital Group Municipal Income ETF has a twelve month low of $25.32 and a twelve month high of $27.22.

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.