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Capital Group Municipal Income ETF
CGMU

82 hedge funds and large institutions have $333M invested in Capital Group Municipal Income ETF in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 38 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

750% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 4

660% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 5

129% more capital invested

Capital invested by funds: $145M → $333M (+$188M)

58% more funds holding

Funds holding: 52 → 82 (+30)

4.39% more ownership

Funds ownership: 60.01% → 64.4% (+4.4%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
82
Holders Change
+30
Holders Change %
+57.69%
% of All Funds
1.2%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
34
Increased
38
Reduced
5
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$21.9M
2
Stifel Financial
Stifel Financial
Missouri
+$20.7M
3
UBS Group
UBS Group
Switzerland
+$20.4M
4
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$14.9M
5
VWM
Venturi Wealth Management
Texas
+$14.2M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$3.46M
2
AI
Atria Investments
North Carolina
-$1.42M
3
IA
IFP Advisors
Florida
-$706K
4
SPC
Sigma Planning Corp
Michigan
-$302K
5
IA
Inspire Advisors
Idaho
-$103K
Name Holding Trade Value Shares
Change 		Change in
Stake
BFEC
26
Benjamin F. Edwards & Company
Missouri
$2.25M +$1.16M +44,139 +114%
WAP
27
Wealthcare Advisory Partners
Pennsylvania
$2.23M +$1.28M +48,919 +146%
SFM
28
Signet Financial Management
New Jersey
$2.11M +$257K +9,828 +14%
CA
29
Crumly & Associates
Illinois
$2.1M +$121K +4,628 +6%
RJA
30
Raymond James & Associates
Florida
$1.88M +$1.81M +69,294 New
LWMNY
31
Landmark Wealth Management (New York)
New York
$1.86M +$1.8M +68,792 New
USCWA
32
U.S. Capital Wealth Advisors
Texas
$1.83M +$1.4M +53,448 +379%
IA
33
Inspire Advisors
Idaho
$1.79M -$103K -3,927 -6%
NF
34
NavPoint Financial
Minnesota
$1.63M +$1.58M +60,330 New
BFM
35
Boothbay Fund Management
New York
$1.62M +$1.57M +60,000 New
AI
36
Atria Investments
North Carolina
$1.57M -$1.42M -54,422 -48%
KAS
37
Kestra Advisory Services
Texas
$1.53M +$1.16M +44,248 +364%
Cerity Partners
38
Cerity Partners
New York
$1.44M +$1.39M +53,166 New
BFS
39
Bare Financial Services
Pennsylvania
$1.36M +$1.31M +50,218 New
MA
40
Mutual Advisors
Nebraska
$1.31M +$616K +23,524 +94%
JBA
41
Johnson Bixby & Associates
Washington
$1.07M +$373K +14,260 +57%
ATPW
42
Ashton Thomas Private Wealth
Arizona
$1.01M +$980K +37,461 New
SFA
43
Souders Financial Advisors
Ohio
$1.01M +$278K +10,614 +40%
RHP
44
Royal Harbor Partners
Texas
$964K +$932K +35,611 New
MWP
45
Madison Wealth Partners
Wisconsin
$919K -$48.7K -1,860 -5%
BAM
46
Belpointe Asset Management
Nevada
$796K +$769K +29,400 New
WI
47
Wintrust Investments
Illinois
$759K +$449K +17,144 +157%
AWS
48
Atria Wealth Solutions
New York
$733K +$57.4K +2,194 +9%
Baird Financial Group
49
Baird Financial Group
Wisconsin
$709K +$424K +16,200 +162%
Comerica Bank
50
Comerica Bank
Texas
$651K +$498K +19,050 +381%
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CGMU Hedge Fund Activity: Q4 2023 in Review

82 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Capital Group Municipal Income ETF (CGMU) for Q4 2023, worth a combined $333M — up 129% from $145M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new CGMU positions and 4 closed out — a net gain of 30 holders — while 38 added to existing stakes and 5 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $21.9M. The largest seller was Jane Street, exiting entirely with an estimated $3.46M sold.

  • 82 institutional investors held Capital Group Municipal Income ETF (CGMU) as of Q4 2023, up from 52 in Q3 2023.
  • Funds reported $333M of Capital Group Municipal Income ETF stock for Q4 2023, up 129% quarter-over-quarter.
  • 34 funds opened new Capital Group Municipal Income ETF positions in Q4 2023 and 4 closed out, a net change of +30 holders.
  • The largest Capital Group Municipal Income ETF buyer in Q4 2023 was Commonwealth Equity Services, an estimated $21.9M added.
  • The largest Capital Group Municipal Income ETF seller in Q4 2023 was Jane Street, an estimated $3.46M sold.

Based on aggregated 13F filings for Q4 2023.