Atria Wealth Solutions Inc. Grows Holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Atria Wealth Solutions Inc. boosted its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 17.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 223,625 shares of the company’s stock after purchasing an additional 32,904 shares during the quarter. Atria Wealth Solutions Inc. owned about 0.88% of Capital Group Municipal Income ETF worth $6,020,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in Capital Group Municipal Income ETF in the 4th quarter valued at $25,000. Spire Wealth Management purchased a new stake in Capital Group Municipal Income ETF in the 4th quarter valued at $25,000. Transcendent Capital Group LLC purchased a new stake in Capital Group Municipal Income ETF in the 3rd quarter valued at $32,000. Pinnacle Bancorp Inc. purchased a new stake in Capital Group Municipal Income ETF in the 4th quarter valued at $35,000. Finally, Creative Financial Designs Inc. ADV raised its position in Capital Group Municipal Income ETF by 268.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,531 shares of the company’s stock valued at $42,000 after purchasing an additional 1,116 shares during the last quarter.

Capital Group Municipal Income ETF Stock Performance

Shares of Capital Group Municipal Income ETF stock opened at $27.11 on Thursday. Capital Group Municipal Income ETF has a one year low of $26.56 and a one year high of $27.54. The firm has a fifty day moving average of $27.00 and a two-hundred day moving average of $27.19.

Capital Group Municipal Income ETF Cuts Dividend

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

Capital Group Municipal Income ETF Company 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.