Capital Group Municipal Income ETF (NYSEARCA:CGMU) Shares Bought by CGN Advisors LLC

CGN Advisors LLC lifted its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 5.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,135 shares of the company’s stock after purchasing an additional 434 shares during the quarter. CGN Advisors LLC’s holdings in Capital Group Municipal Income ETF were worth $246,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. TrueWealth Advisors LLC grew its position in Capital Group Municipal Income ETF by 17.2% during the fourth quarter. TrueWealth Advisors LLC now owns 28,111 shares of the company’s stock valued at $757,000 after buying an additional 4,118 shares during the period. LongView Wealth Management boosted its stake in shares of Capital Group Municipal Income ETF by 14.0% during the 4th quarter. LongView Wealth Management now owns 45,491 shares of the company’s stock worth $1,225,000 after acquiring an additional 5,603 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of Capital Group Municipal Income ETF by 5.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 195,426 shares of the company’s stock valued at $5,261,000 after acquiring an additional 10,482 shares during the period. Capital Planning LLC increased its stake in shares of Capital Group Municipal Income ETF by 4.2% in the 4th quarter. Capital Planning LLC now owns 203,277 shares of the company’s stock valued at $5,472,000 after purchasing an additional 8,138 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management increased its stake in shares of Capital Group Municipal Income ETF by 58.7% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 31,852 shares of the company’s stock valued at $857,000 after purchasing an additional 11,787 shares in the last quarter.

Capital Group Municipal Income ETF Trading Up 0.3 %

Shares of CGMU stock opened at $26.93 on Friday. Capital Group Municipal Income ETF has a 12-month low of $26.56 and a 12-month high of $27.54. The business’s 50 day moving average is $27.08 and its two-hundred day moving average is $27.19.

Capital Group Municipal Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were given a dividend of $0.0674 per share. This is a positive change from Capital Group Municipal Income ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Friday, November 29th.

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.