GWN Securities Inc. Makes New $1.05 Million Investment in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

GWN Securities Inc. purchased a new position in Capital Group Municipal Income ETF (NYSEARCA:CGMUFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 39,080 shares of the company’s stock, valued at approximately $1,045,000. GWN Securities Inc. owned 0.15% of Capital Group Municipal Income ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC bought a new position in Capital Group Municipal Income ETF in the fourth quarter worth approximately $25,000. Spire Wealth Management bought a new position in Capital Group Municipal Income ETF in the fourth quarter worth approximately $25,000. Pinnacle Bancorp Inc. bought a new position in Capital Group Municipal Income ETF in the fourth quarter worth approximately $35,000. Rosenberg Matthew Hamilton bought a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter valued at $56,000. Finally, Golden State Wealth Management LLC bought a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter valued at $66,000.

Capital Group Municipal Income ETF Stock Performance

Shares of CGMU stock opened at $26.97 on Friday. Capital Group Municipal Income ETF has a one year low of $26.56 and a one year high of $27.54. The company’s fifty day moving average price is $27.06 and its 200-day moving average price is $27.17.

Capital Group Municipal Income ETF Cuts Dividend

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

About Capital Group Municipal Income ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Capital Group Municipal Income ETF (NYSEARCA:CGMU)

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