Capital Group Municipal Income ETF (NYSEARCA:CGMU) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. increased its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 3.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 359,863 shares of the company’s stock after purchasing an additional 12,821 shares during the period. Cambridge Investment Research Advisors Inc. owned 1.42% of Capital Group Municipal Income ETF worth $9,662,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CGMU. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Municipal Income ETF by 9.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,697,218 shares of the company’s stock worth $45,842,000 after acquiring an additional 146,827 shares in the last quarter. UBS Group AG lifted its stake in Capital Group Municipal Income ETF by 178.7% during the fourth quarter. UBS Group AG now owns 1,213,930 shares of the company’s stock worth $32,873,000 after purchasing an additional 778,342 shares during the last quarter. Stifel Financial Corp boosted its holdings in Capital Group Municipal Income ETF by 706.5% in the fourth quarter. Stifel Financial Corp now owns 901,786 shares of the company’s stock valued at $24,420,000 after purchasing an additional 789,965 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in Capital Group Municipal Income ETF by 9.3% in the second quarter. Great Valley Advisor Group Inc. now owns 759,854 shares of the company’s stock valued at $20,402,000 after purchasing an additional 64,577 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in Capital Group Municipal Income ETF by 199.4% in the first quarter. Cetera Investment Advisers now owns 718,847 shares of the company’s stock valued at $19,416,000 after purchasing an additional 478,759 shares during the last quarter.

Capital Group Municipal Income ETF Stock Down 0.0 %

Shares of NYSEARCA:CGMU traded down $0.01 during trading on Tuesday, hitting $27.35. 250,424 shares of the company were exchanged, compared to its average volume of 519,776. The firm’s 50 day moving average price is $27.13 and its 200-day moving average price is $26.97. Capital Group Municipal Income ETF has a 12-month low of $25.32 and a 12-month high of $27.42.

Capital Group Municipal Income ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, August 1st. Investors of record on Wednesday, July 31st were given a $0.0455 dividend. The ex-dividend date was Wednesday, July 31st.

Capital Group Municipal Income ETF Profile

The Capital Group Municipal Income ETF (CGMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds of varying maturities, exempt from regular federal income tax. CGMU was launched on Oct 25, 2022 and is managed by Capital Group.