Capital Group Municipal Income ETF (NYSEARCA:CGMU) Shares Bought by Madison Wealth Partners Inc

Madison Wealth Partners Inc raised its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 4.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,158 shares of the company’s stock after purchasing an additional 1,411 shares during the quarter. Madison Wealth Partners Inc owned 0.14% of Capital Group Municipal Income ETF worth $944,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of CGMU. New England Capital Financial Advisors LLC increased its holdings in shares of Capital Group Municipal Income ETF by 0.3% in the 1st quarter. New England Capital Financial Advisors LLC now owns 110,796 shares of the company’s stock valued at $2,993,000 after purchasing an additional 375 shares in the last quarter. Concourse Financial Group Securities Inc. grew its stake in Capital Group Municipal Income ETF by 4.1% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 9,520 shares of the company’s stock valued at $258,000 after acquiring an additional 376 shares during the last quarter. CGN Advisors LLC increased its holdings in Capital Group Municipal Income ETF by 8.4% during the 2nd quarter. CGN Advisors LLC now owns 8,202 shares of the company’s stock valued at $220,000 after acquiring an additional 636 shares in the last quarter. Souders Financial Advisors raised its position in Capital Group Municipal Income ETF by 2.7% during the first quarter. Souders Financial Advisors now owns 38,189 shares of the company’s stock worth $1,031,000 after acquiring an additional 1,000 shares during the last quarter. Finally, ICA Group Wealth Management LLC purchased a new stake in shares of Capital Group Municipal Income ETF in the fourth quarter valued at about $32,000.

Capital Group Municipal Income ETF Stock Performance

CGMU stock opened at $27.47 on Tuesday. The company’s 50 day simple moving average is $27.24 and its 200-day simple moving average is $27.01. Capital Group Municipal Income ETF has a 12 month low of $25.32 and a 12 month high of $27.50.

Capital Group Municipal Income ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were issued a dividend of $0.0455 per share. The ex-dividend date was Wednesday, July 31st.

About Capital Group Municipal Income ETF

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.