D.A. Davidson & CO. Makes New $209,000 Investment in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

D.A. Davidson & CO. acquired a new stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMUFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 7,716 shares of the company’s stock, valued at approximately $209,000. D.A. Davidson & CO. owned 0.10% of Capital Group Municipal Income ETF at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. purchased a new position in shares of Capital Group Municipal Income ETF during the 3rd quarter valued at about $163,000. Ausdal Financial Partners Inc. bought a new stake in shares of Capital Group Municipal Income ETF in the fourth quarter worth about $230,000. McGlone Suttner Wealth Management Inc. bought a new stake in Capital Group Municipal Income ETF in the 4th quarter worth approximately $234,000. Concourse Financial Group Securities Inc. grew its holdings in shares of Capital Group Municipal Income ETF by 41.5% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 9,144 shares of the company’s stock valued at $249,000 after purchasing an additional 2,682 shares in the last quarter. Finally, First Heartland Consultants Inc. bought a new stake in Capital Group Municipal Income ETF in the fourth quarter worth $271,000.

Capital Group Municipal Income ETF Stock Performance

Capital Group Municipal Income ETF stock opened at $26.60 on Friday. Capital Group Municipal Income ETF has a twelve month low of $25.32 and a twelve month high of $27.22. The company’s 50-day moving average price is $26.82 and its 200-day moving average price is $26.87.

About Capital Group Municipal Income ETF

(Free Report)

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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Institutional Ownership by Quarter for Capital Group Municipal Income ETF (NYSEARCA:CGMU)

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