10,379 Shares in Capital Group Municipal Income ETF (NYSEARCA:CGMU) Purchased by American Financial Advisors LLC

American Financial Advisors LLC acquired a new position in Capital Group Municipal Income ETF (NYSEARCA:CGMU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 10,379 shares of the company’s stock, valued at approximately $281,000.

Other institutional investors also recently bought and sold shares of the company. Money Concepts Capital Corp purchased a new position in Capital Group Municipal Income ETF in the 4th quarter worth approximately $26,000. AdvisorNet Financial Inc purchased a new position in Capital Group Municipal Income ETF in the 3rd quarter worth approximately $51,000. UBS Group AG lifted its stake in Capital Group Municipal Income ETF by 2,351.0% in the 1st quarter. UBS Group AG now owns 2,500 shares of the company’s stock worth $67,000 after purchasing an additional 2,398 shares in the last quarter. Comerica Bank purchased a new position in Capital Group Municipal Income ETF in the 3rd quarter worth approximately $128,000. Finally, Harbour Investments Inc. purchased a new position in Capital Group Municipal Income ETF in the 4th quarter worth approximately $140,000.

Capital Group Municipal Income ETF Trading Up 0.0 %

CGMU traded up $0.01 during trading on Friday, reaching $26.77. The company’s stock had a trading volume of 65,431 shares, compared to its average volume of 185,093. The firm has a fifty day simple moving average of $26.97 and a two-hundred day simple moving average of $26.62. Capital Group Municipal Income ETF has a 1 year low of $25.32 and a 1 year high of $27.22.

Capital Group Municipal Income ETF Company 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.