Wealthcare Advisory Partners LLC Grows Holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Wealthcare Advisory Partners LLC lifted its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 5.7% during the fourth quarter, HoldingsChannel reports. The firm owned 195,426 shares of the company’s stock after purchasing an additional 10,482 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Capital Group Municipal Income ETF were worth $5,261,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth $25,000. Transcendent Capital Group LLC bought a new position in Capital Group Municipal Income ETF in the third quarter worth about $32,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Capital Group Municipal Income ETF during the fourth quarter valued at about $35,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Capital Group Municipal Income ETF by 268.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,531 shares of the company’s stock valued at $42,000 after buying an additional 1,116 shares in the last quarter. Finally, Rosenberg Matthew Hamilton bought a new stake in shares of Capital Group Municipal Income ETF in the 4th quarter valued at about $56,000.

Capital Group Municipal Income ETF Trading Up 0.1 %

NYSEARCA CGMU opened at $26.90 on Friday. Capital Group Municipal Income ETF has a 52 week low of $26.56 and a 52 week high of $27.54. The company has a 50 day moving average price of $27.09 and a 200 day moving average price of $27.19.

Capital Group Municipal Income ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date was Friday, November 29th. This is an increase from Capital Group Municipal Income ETF’s previous dividend of $0.07.

About Capital Group Municipal Income ETF

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.