Capital Group Municipal Income ETF
CGMU
107 hedge funds and large institutions have $409M invested in Capital Group Municipal Income ETF in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 61 increasing their positions, 5 reducing their positions, and 2 closing their positions.
1,250% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 2
1,120% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 5
30% more funds holding
Funds holding: 82 → 107 (+25)
23% more capital invested
Capital invested by funds: $333M → $409M (+$76.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.2% less ownership
Funds ownership: 64.4% → 64.21% (-0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$12.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$7.59M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.97M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.9M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$1.62M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$1.38M |
| 3 |
PWA
Pillar Wealth Advisors
West Chester,
Pennsylvania
|
-$236K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$209K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$42.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
101
Global Retirement Partners
San Rafael,
California
| $102K | +$89.2K | +3,300 | +688% |
|
|
NA
102
NewEdge Advisors
New Orleans,
Louisiana
| $84.3K | +$84.3K | +3,120 | New |
|
|
IGWM
103
ICA Group Wealth Management
Denver,
Colorado
| $44.8K | +$13.2K | +487 | +42% |
|
|
CA
104
Continuum Advisory
Eagle,
Idaho
| $34.9K | +$35K | +1,295 | New |
|
|
SPIA
105
Steward Partners Investment Advisory
New York
| $20.1K | -$42.2K | -1,560 | -68% |
|
106
Wells Fargo
San Francisco,
California
| $8.1K | +$8.11K | +300 | New |
|
|
FIA
107
FNY Investment Advisers
New York
| $1 | – | – | – |
|
|
BFM
108
Boothbay Fund Management
New York
| – | -$1.62M | -60,000 | Closed |
|
|
DADC
109
D.A. Davidson & Co
Great Falls,
Montana
| – | -$209K | -7,716 | Closed |
|
CGMU Hedge Fund Activity: Q1 2024 in Review
107 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Capital Group Municipal Income ETF (CGMU) for Q1 2024, worth a combined $409M — up 23% from $333M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CGMU positions and 2 closed out — a net gain of 25 holders — while 61 added to existing stakes and 5 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $12.9M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $1.62M sold.
- 107 institutional investors held Capital Group Municipal Income ETF (CGMU) as of Q1 2024, up from 82 in Q4 2023.
- Funds reported $409M of Capital Group Municipal Income ETF stock for Q1 2024, up 23% quarter-over-quarter.
- 27 funds opened new Capital Group Municipal Income ETF positions in Q1 2024 and 2 closed out, a net change of +25 holders.
- The largest Capital Group Municipal Income ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $12.9M added.
- The largest Capital Group Municipal Income ETF seller in Q1 2024 was Boothbay Fund Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q1 2024.