Capital Group Municipal Income ETF
CGMU
37 hedge funds and large institutions have $100M invested in Capital Group Municipal Income ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 3 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
600% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 3
94% more capital invested
Capital invested by funds: $51.6M → $100M (+$48.4M)
32% more funds holding
Funds holding: 28 → 37 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.34% less ownership
Funds ownership: 61.19% → 58.85% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.92M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$4.78M |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$2.92M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.75M |
| 5 |
CGPCS
Capital Group Private Client Services
Los Angeles,
California
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWA
Pillar Wealth Advisors
West Chester,
Pennsylvania
|
-$875K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$448K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$75.1K |
| 4 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$2.42K |
CGMU Hedge Fund Activity: Q2 2023 in Review
37 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Capital Group Municipal Income ETF (CGMU) for Q2 2023, worth a combined $100M — up 94% from $51.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CGMU positions and 1 closed out — a net gain of 9 holders — while 21 added to existing stakes and 3 trimmed.
The largest buyer was UBS Group, adding an estimated $4.92M. The largest seller was Pillar Wealth Advisors, cutting an estimated $875K.
- 37 institutional investors held Capital Group Municipal Income ETF (CGMU) as of Q2 2023, up from 28 in Q1 2023.
- Funds reported $100M of Capital Group Municipal Income ETF stock for Q2 2023, up 94% quarter-over-quarter.
- 10 funds opened new Capital Group Municipal Income ETF positions in Q2 2023 and 1 closed out, a net change of +9 holders.
- The largest Capital Group Municipal Income ETF buyer in Q2 2023 was UBS Group, an estimated $4.92M added.
- The largest Capital Group Municipal Income ETF seller in Q2 2023 was Pillar Wealth Advisors, an estimated $875K sold.
Based on aggregated 13F filings for Q2 2023.