WR Wealth Planners LLC cut its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 51.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,637 shares of the company’s stock after selling 3,869 shares during the period. WR Wealth Planners LLC’s holdings in Capital Group Municipal Income ETF were worth $98,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in shares of Capital Group Municipal Income ETF during the fourth quarter valued at $25,000. Spire Wealth Management acquired a new position in shares of Capital Group Municipal Income ETF during the fourth quarter valued at $25,000. Transcendent Capital Group LLC acquired a new position in shares of Capital Group Municipal Income ETF during the third quarter valued at $32,000. Pinnacle Bancorp Inc. acquired a new position in shares of Capital Group Municipal Income ETF during the fourth quarter valued at $35,000. Finally, Creative Financial Designs Inc. ADV increased its holdings in shares of Capital Group Municipal Income ETF by 268.9% during the third 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 period.
Capital Group Municipal Income ETF Stock Down 0.3 %
Shares of CGMU stock opened at $27.26 on Friday. The stock has a 50-day simple moving average of $27.02 and a 200 day simple moving average of $27.19. Capital Group Municipal Income ETF has a fifty-two week low of $26.56 and a fifty-two week high of $27.54.
Capital Group Municipal Income ETF Cuts Dividend
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.
See Also
- Five stocks we like better than Capital Group Municipal Income ETF
- Using the MarketBeat Dividend Yield Calculator
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- What is Insider Trading? What You Can Learn from Insider Trading
- MarketBeat Week in Review – 02/24 – 02/28
Want to see what other hedge funds are holding CGMU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report).
Receive News & Ratings for Capital Group Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.