Ameritas Advisory Services LLC cut its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 4.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,427 shares of the company’s stock after selling 489 shares during the period. Ameritas Advisory Services LLC’s holdings in Capital Group Municipal Income ETF were worth $307,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the business. Financial Perspectives Inc purchased a new stake in Capital Group Municipal Income ETF during the first quarter valued at approximately $33,000. GPS Wealth Strategies Group LLC purchased a new stake in Capital Group Municipal Income ETF during the 1st quarter valued at $39,000. Opal Wealth Advisors LLC purchased a new stake in Capital Group Municipal Income ETF during the 1st quarter valued at $46,000. Creative Financial Designs Inc. ADV raised its holdings in Capital Group Municipal Income ETF by 56.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,394 shares of the company’s stock valued at $64,000 after buying an additional 863 shares during the period. Finally, NBC Securities Inc. raised its stake in shares of Capital Group Municipal Income ETF by 105,400.0% in the first quarter. NBC Securities Inc. now owns 3,165 shares of the company’s stock valued at $84,000 after acquiring an additional 3,162 shares during the period.
Capital Group Municipal Income ETF Price Performance
Shares of CGMU opened at $26.73 on Friday. Capital Group Municipal Income ETF has a twelve month low of $25.83 and a twelve month high of $27.54. The company’s fifty day simple moving average is $26.60 and its 200-day simple moving average is $26.80.
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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