39,526 Shares in Capital Group Municipal Income ETF (NYSEARCA:CGMU) Bought by Valmark Advisers Inc.

Valmark Advisers Inc. acquired a new position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 39,526 shares of the company’s stock, valued at approximately $1,064,000. Valmark Advisers Inc. owned 0.16% of Capital Group Municipal Income ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CGN Advisors LLC grew its stake in shares of Capital Group Municipal Income ETF by 5.0% during the 4th quarter. CGN Advisors LLC now owns 9,135 shares of the company’s stock worth $246,000 after purchasing an additional 434 shares during the period. Peterson Wealth Advisors LLC grew its position in Capital Group Municipal Income ETF by 4.7% during the third quarter. Peterson Wealth Advisors LLC now owns 13,726 shares of the company’s stock worth $377,000 after buying an additional 620 shares during the period. Intergy Private Wealth LLC grew its holdings in shares of Capital Group Municipal Income ETF by 2.0% in the 4th quarter. Intergy Private Wealth LLC now owns 37,994 shares of the company’s stock worth $1,023,000 after acquiring an additional 751 shares during the period. Northwest Financial Advisors grew its holdings in shares of Capital Group Municipal Income ETF by 7.6% in the 4th quarter. Northwest Financial Advisors now owns 12,835 shares of the company’s stock worth $346,000 after acquiring an additional 910 shares during the period. Finally, ORG Partners LLC acquired a new stake in shares of Capital Group Municipal Income ETF in the 4th quarter worth approximately $25,000.

Capital Group Municipal Income ETF Price Performance

Capital Group Municipal Income ETF stock opened at $27.08 on Tuesday. Capital Group Municipal Income ETF has a fifty-two week low of $26.56 and a fifty-two week high of $27.54. The stock’s fifty day moving average is $27.01 and its two-hundred day moving average is $27.19.

Capital Group Municipal Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were paid a $0.0626 dividend. The ex-dividend date of this dividend was Friday, January 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.