Capital Group Municipal Income ETF
CGMU
28 hedge funds and large institutions have $51.6M invested in Capital Group Municipal Income ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 3 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
33% more funds holding
Funds holding: 21 → 28 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $52.9M → $51.6M (-$1.34M)
20.88% less ownership
Funds ownership: 82.07% → 61.19% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWA
Pillar Wealth Advisors
West Chester,
Pennsylvania
|
+$5.56M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$5.27M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$2.49M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.22M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$11.6M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$387K |
| 3 |
CP
Capital Planning
Bellevue,
Washington
|
-$325K |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$26.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$22.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $32.6K | +$2.98K | +112 | +9% |
|
|
27
Commonwealth Equity Services
Waltham,
Massachusetts
| $17K | +$5.27M | +197,973 | +45% |
|
|
IGWM
28
ICA Group Wealth Management
Denver,
Colorado
| $3.33K | +$3.33K | +125 | New |
|
|
MCC
29
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$26.2K | -1,000 | Closed |
|
|
30
Bank of America
Charlotte,
North Carolina
| – | -$22.7K | -868 | Closed |
|
CGMU Hedge Fund Activity: Q1 2023 in Review
28 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Capital Group Municipal Income ETF (CGMU) for Q1 2023, worth a combined $51.6M — down 2.5% from $52.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CGMU positions and 2 closed out — a net gain of 8 holders — while 14 added to existing stakes and 3 trimmed.
The largest buyer was Pillar Wealth Advisors, adding an estimated $5.56M. The largest seller was Capital International Investors, cutting an estimated $11.6M.
- 28 institutional investors held Capital Group Municipal Income ETF (CGMU) as of Q1 2023, up from 21 in Q4 2022.
- Funds reported $51.6M of Capital Group Municipal Income ETF stock for Q1 2023, down 2.5% quarter-over-quarter.
- 10 funds opened new Capital Group Municipal Income ETF positions in Q1 2023 and 2 closed out, a net change of +8 holders.
- The largest Capital Group Municipal Income ETF buyer in Q1 2023 was Pillar Wealth Advisors, an estimated $5.56M added.
- The largest Capital Group Municipal Income ETF seller in Q1 2023 was Capital International Investors, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2023.