RFP Financial Group LLC grew its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 106.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,644 shares of the company’s stock after acquiring an additional 18,890 shares during the period. RFP Financial Group LLC owned about 0.14% of Capital Group Municipal Income ETF worth $1,006,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Capital Group Municipal Income ETF during the second quarter worth about $64,000. CWM LLC purchased a new position in Capital Group Municipal Income ETF in the third quarter worth approximately $97,000. ICA Group Wealth Management LLC lifted its position in Capital Group Municipal Income ETF by 135.8% in the second quarter. ICA Group Wealth Management LLC now owns 3,908 shares of the company’s stock valued at $105,000 after buying an additional 2,251 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of Capital Group Municipal Income ETF during the 2nd quarter worth approximately $119,000. Finally, Sunbelt Securities Inc. increased 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 worth $181,000 after purchasing an additional 373 shares during the period.
Capital Group Municipal Income ETF Stock Down 0.1 %
Shares of CGMU stock traded down $0.03 during trading hours on Tuesday, reaching $27.22. 138,311 shares of the stock were exchanged, compared to its average volume of 492,284. Capital Group Municipal Income ETF has a 12-month low of $25.32 and a 12-month high of $27.54. The business’s fifty day moving average is $27.38 and its two-hundred day moving average is $27.08.
Capital Group Municipal Income ETF Increases Dividend
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.
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