Midwest Heritage Bank FSB Acquires 1,283 Shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Midwest Heritage Bank FSB raised its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 8.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,075 shares of the company’s stock after acquiring an additional 1,283 shares during the quarter. Midwest Heritage Bank FSB owned approximately 0.06% of Capital Group Municipal Income ETF worth $433,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. MML Investors Services LLC boosted its holdings in shares of Capital Group Municipal Income ETF by 111.7% during the third quarter. MML Investors Services LLC now owns 1,203,968 shares of the company’s stock worth $33,061,000 after acquiring an additional 635,133 shares during the period. JPMorgan Chase & Co. increased its position in Capital Group Municipal Income ETF by 164,421.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,110,522 shares of the company’s stock worth $30,495,000 after purchasing an additional 1,109,847 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Capital Group Municipal Income ETF by 9.4% in the third quarter. Stifel Financial Corp now owns 970,719 shares of the company’s stock valued at $26,656,000 after buying an additional 83,194 shares during the period. Great Valley Advisor Group Inc. increased its holdings in Capital Group Municipal Income ETF by 19.1% in the third quarter. Great Valley Advisor Group Inc. now owns 905,293 shares of the company’s stock valued at $24,860,000 after purchasing an additional 145,439 shares during the period. Finally, Venturi Wealth Management LLC increased its stake in shares of Capital Group Municipal Income ETF by 3.8% in the fourth quarter. Venturi Wealth Management LLC now owns 767,890 shares of the company’s stock valued at $20,672,000 after buying an additional 28,359 shares during the period.

Capital Group Municipal Income ETF Trading Down 0.1 %

Shares of Capital Group Municipal Income ETF stock opened at $27.18 on Thursday. The business has a 50-day moving average price of $27.03 and a two-hundred day moving average price of $27.19. Capital Group Municipal Income ETF has a 1-year low of $26.56 and a 1-year high of $27.54.

Capital Group Municipal Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were given a $0.0626 dividend. The ex-dividend date was Friday, January 31st.

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.