Capital Group Short Duration Municipal Income ETF Plans Dividend of $0.05 (NYSEARCA:CGSM)

Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) declared a dividend on Thursday, January 30th,NASDAQ Dividends reports. Stockholders of record on Friday, January 31st will be paid a dividend of 0.0505 per share on Monday, February 3rd. The ex-dividend date of this dividend is Friday, January 31st.

Capital Group Short Duration Municipal Income ETF Price Performance

Shares of NYSEARCA:CGSM traded down $0.04 during trading on Friday, hitting $26.07. 83,629 shares of the stock were exchanged, compared to its average volume of 136,971. The company has a fifty day moving average price of $26.06 and a two-hundred day moving average price of $26.12. Capital Group Short Duration Municipal Income ETF has a 12-month low of $25.54 and a 12-month high of $26.34.

About Capital Group Short Duration Municipal Income ETF

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.