Skyline Advisors Inc. Has $738,000 Position in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Skyline Advisors Inc. raised its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 205.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,504 shares of the company’s stock after acquiring an additional 18,504 shares during the quarter. Skyline Advisors Inc. owned about 0.11% of Capital Group Municipal Income ETF worth $738,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its stake in shares of Capital Group Municipal Income ETF by 9.5% during the first quarter. Commonwealth Equity Services LLC now owns 1,697,218 shares of the company’s stock worth $45,842,000 after purchasing an additional 146,827 shares during the period. UBS Group AG increased its stake in shares of Capital Group Municipal Income ETF by 178.7% in the 4th quarter. UBS Group AG now owns 1,213,930 shares of the company’s stock valued at $32,873,000 after acquiring an additional 778,342 shares during the last quarter. Stifel Financial Corp raised its position in shares of Capital Group Municipal Income ETF by 706.5% in the 4th quarter. Stifel Financial Corp now owns 901,786 shares of the company’s stock valued at $24,420,000 after acquiring an additional 789,965 shares during the period. Great Valley Advisor Group Inc. boosted its stake in Capital Group Municipal Income ETF by 9.3% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 759,854 shares of the company’s stock worth $20,402,000 after acquiring an additional 64,577 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Capital Group Municipal Income ETF by 199.4% during the first quarter. Cetera Investment Advisers now owns 718,847 shares of the company’s stock valued at $19,416,000 after purchasing an additional 478,759 shares during the period.

Capital Group Municipal Income ETF Trading Down 0.4 %

CGMU traded down $0.10 during mid-day trading on Friday, hitting $27.24. The stock had a trading volume of 435,090 shares, compared to its average volume of 516,959. Capital Group Municipal Income ETF has a 1-year low of $25.32 and a 1-year high of $27.42. The stock’s fifty day simple moving average is $27.15 and its 200-day simple moving average is $26.98.

Capital Group Municipal Income ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 1st. Investors of record on Wednesday, July 31st were issued a dividend of $0.0455 per share. The ex-dividend date was Wednesday, July 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.