7,219 Shares in Capital Group Municipal Income ETF (NYSEARCA:CGMU) Purchased by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC acquired a new position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,219 shares of the company’s stock, valued at approximately $198,000.

A number of other hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Capital Group Municipal Income ETF during the second quarter valued at approximately $64,000. CWM LLC acquired a new position in shares of Capital Group Municipal Income ETF during the third quarter valued at approximately $97,000. ICA Group Wealth Management LLC raised its stake in shares of Capital Group Municipal Income ETF by 135.8% in the 2nd quarter. ICA Group Wealth Management LLC now owns 3,908 shares of the company’s stock worth $105,000 after buying an additional 2,251 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in Capital Group Municipal Income ETF in the second quarter worth about $119,000. Finally, Sunbelt Securities Inc. lifted its stake in Capital Group Municipal Income ETF by 5.9% during the second quarter. Sunbelt Securities Inc. now owns 6,731 shares of the company’s stock valued at $181,000 after purchasing an additional 373 shares during the last quarter.

Capital Group Municipal Income ETF Price Performance

CGMU opened at $27.32 on Friday. Capital Group Municipal Income ETF has a fifty-two week low of $25.32 and a fifty-two week high of $27.54. The business has a fifty day simple moving average of $27.37 and a 200-day simple moving average of $27.06.

Capital Group Municipal Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were issued a $0.0672 dividend. This is a boost from Capital Group Municipal Income ETF’s previous dividend of $0.05. The ex-dividend date was Friday, September 27th.

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.