Ashton Thomas Private Wealth LLC Buys 16,105 Shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Ashton Thomas Private Wealth LLC increased its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 37.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 59,423 shares of the company’s stock after buying an additional 16,105 shares during the period. Ashton Thomas Private Wealth LLC owned about 0.23% of Capital Group Municipal Income ETF worth $1,632,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James & Associates lifted its position in shares of Capital Group Municipal Income ETF by 19.9% during the 3rd quarter. Raymond James & Associates now owns 148,174 shares of the company’s stock valued at $4,069,000 after buying an additional 24,598 shares during the last quarter. Atria Wealth Solutions Inc. boosted its position in Capital Group Municipal Income ETF by 13.7% during the second quarter. Atria Wealth Solutions Inc. now owns 51,152 shares of the company’s stock worth $1,374,000 after purchasing an additional 6,146 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Capital Group Municipal Income ETF by 21.5% in the first quarter. Janney Montgomery Scott LLC now owns 20,557 shares of the company’s stock worth $555,000 after purchasing an additional 3,633 shares in the last quarter. Smith Thornton Advisors LLC bought a new stake in shares of Capital Group Municipal Income ETF in the second quarter valued at approximately $750,000. Finally, New England Capital Financial Advisors LLC lifted its stake in shares of Capital Group Municipal Income ETF by 6.7% during the 2nd quarter. New England Capital Financial Advisors LLC now owns 118,186 shares of the company’s stock valued at $3,173,000 after buying an additional 7,390 shares in the last quarter.

Capital Group Municipal Income ETF Stock Down 0.3 %

CGMU opened at $27.07 on Wednesday. Capital Group Municipal Income ETF has a 12 month low of $25.87 and a 12 month high of $27.54. The company has a 50 day moving average of $27.30 and a 200 day moving average of $27.12.

Capital Group Municipal Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a $0.0672 dividend. This is a positive change 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.