Atria Wealth Solutions Inc. Boosts Holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Atria Wealth Solutions Inc. lifted its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 8.8% during the 4th quarter, HoldingsChannel reports. The firm owned 27,054 shares of the company’s stock after acquiring an additional 2,194 shares during the period. Atria Wealth Solutions Inc.’s holdings in Capital Group Municipal Income ETF were worth $733,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Municipal Income ETF by 4.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 715,371 shares of the company’s stock worth $18,385,000 after buying an additional 30,402 shares during the last quarter. Great Valley Advisor Group Inc. purchased a new position in Capital Group Municipal Income ETF in the third quarter worth about $14,783,000. Venturi Wealth Management LLC purchased a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth approximately $14,714,000. UBS Group AG raised its stake in shares of Capital Group Municipal Income ETF by 132.1% in the third quarter. UBS Group AG now owns 435,588 shares of the company’s stock valued at $11,195,000 after acquiring an additional 247,939 shares during the period. Finally, Pillar Wealth Advisors LLC lifted its stake in Capital Group Municipal Income ETF by 5.7% in the third quarter. Pillar Wealth Advisors LLC now owns 367,788 shares of the company’s stock worth $9,452,000 after purchasing an additional 19,755 shares during the last quarter.

Capital Group Municipal Income ETF Trading Up 0.3 %

NYSEARCA:CGMU opened at $26.80 on Friday. Capital Group Municipal Income ETF has a twelve month low of $25.32 and a twelve month high of $27.22. The stock has a fifty day simple moving average of $26.91 and a 200-day simple moving average of $26.71.

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.