Capital Group Municipal Income ETF
CGMU
121 hedge funds and large institutions have $482M invested in Capital Group Municipal Income ETF in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 70 increasing their positions, 17 reducing their positions, and 6 closing their positions.
312% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 17
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
18% more capital invested
Capital invested by funds: $409M → $482M (+$73.2M)
13% more funds holding
Funds holding: 107 → 121 (+14)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.71% less ownership
Funds ownership: 64.21% → 61.49% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$13.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$13M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$7.9M |
| 5 |
LPL Financial
San Diego,
California
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$6.38M |
| 2 |
PWA
Pillar Wealth Advisors
West Chester,
Pennsylvania
|
-$4.57M |
| 3 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$3.26M |
| 4 |
Jane Street
New York
|
-$2.02M |
| 5 |
MSWM
McGlone Suttner Wealth Management
Appleton,
Wisconsin
|
-$1.34M |
CGMU Hedge Fund Activity: Q2 2024 in Review
121 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Capital Group Municipal Income ETF (CGMU) for Q2 2024, worth a combined $482M — up 18% from $409M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CGMU positions and 6 closed out — a net gain of 16 holders — while 70 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.6M. The largest seller was Lincoln National Corp, exiting entirely with an estimated $6.38M sold.
- 121 institutional investors held Capital Group Municipal Income ETF (CGMU) as of Q2 2024, up from 107 in Q1 2024.
- Funds reported $482M of Capital Group Municipal Income ETF stock for Q2 2024, up 18% quarter-over-quarter.
- 22 funds opened new Capital Group Municipal Income ETF positions in Q2 2024 and 6 closed out, a net change of +16 holders.
- The largest Capital Group Municipal Income ETF buyer in Q2 2024 was Morgan Stanley, an estimated $14.6M added.
- The largest Capital Group Municipal Income ETF seller in Q2 2024 was Lincoln National Corp, an estimated $6.38M sold.
Based on aggregated 13F filings for Q2 2024.