Harbour Investments Inc. Has $893,000 Stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Harbour Investments Inc. grew its position in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 26.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,512 shares of the company’s stock after purchasing an additional 6,827 shares during the quarter. Harbour Investments Inc. owned about 0.13% of Capital Group Municipal Income ETF worth $893,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. grew its position in shares of Capital Group Municipal Income ETF by 5.9% in the second quarter. Sunbelt Securities Inc. now owns 6,731 shares of the company’s stock valued at $181,000 after purchasing an additional 373 shares during the last quarter. Intergy Private Wealth LLC grew its position in shares of Capital Group Municipal Income ETF by 1.6% in the third quarter. Intergy Private Wealth LLC now owns 37,243 shares of the company’s stock valued at $1,023,000 after purchasing an additional 570 shares during the last quarter. Peterson Wealth Advisors LLC grew its position in shares of Capital Group Municipal Income ETF by 4.7% in the third quarter. Peterson Wealth Advisors LLC now owns 13,726 shares of the company’s stock valued at $377,000 after purchasing an additional 620 shares during the last quarter. CGN Advisors LLC grew its position in shares of Capital Group Municipal Income ETF by 8.4% in the second quarter. CGN Advisors LLC now owns 8,202 shares of the company’s stock valued at $220,000 after purchasing an additional 636 shares during the last quarter. Finally, Tempus Wealth Planning LLC grew its position in shares of Capital Group Municipal Income ETF by 1.9% in the third quarter. Tempus Wealth Planning LLC now owns 54,694 shares of the company’s stock valued at $1,502,000 after purchasing an additional 1,004 shares during the last quarter.

Capital Group Municipal Income ETF Price Performance

Shares of NYSEARCA:CGMU opened at $27.11 on Friday. Capital Group Municipal Income ETF has a 1 year low of $26.03 and a 1 year high of $27.54. The business’s 50 day simple moving average is $27.29 and its 200 day simple moving average is $27.12.

Capital Group Municipal Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a dividend of $0.0672 per share. The ex-dividend date was Friday, September 27th. This is an increase from Capital Group Municipal Income ETF’s previous dividend of $0.05.

Capital Group Municipal Income ETF 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.