Signet Financial Management LLC Has $2.69 Million Stock Position in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Signet Financial Management LLC raised its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMUFree Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 99,895 shares of the company’s stock after buying an additional 1,213 shares during the quarter. Signet Financial Management LLC owned 0.39% of Capital Group Municipal Income ETF worth $2,689,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its position in shares of Capital Group Municipal Income ETF by 32.0% during the 2nd quarter. LPL Financial LLC now owns 1,193,388 shares of the company’s stock worth $32,042,000 after purchasing an additional 289,638 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Capital Group Municipal Income ETF by 2.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 707,944 shares of the company’s stock worth $19,008,000 after purchasing an additional 18,757 shares in the last quarter. ICA Group Wealth Management LLC raised its stake in shares of 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 worth $105,000 after purchasing an additional 2,251 shares during the last quarter. Madison Wealth Partners Inc lifted its holdings in shares of Capital Group Municipal Income ETF by 4.2% in the second quarter. Madison Wealth Partners Inc now owns 35,158 shares of the company’s stock valued at $944,000 after purchasing an additional 1,411 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Capital Group Municipal Income ETF by 25.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 111,619 shares of the company’s stock valued at $2,997,000 after buying an additional 22,430 shares during the last quarter.

Capital Group Municipal Income ETF Trading Down 0.1 %

NYSEARCA CGMU traded down $0.04 on Monday, reaching $26.79. The company had a trading volume of 378,890 shares, compared to its average volume of 547,870. The company’s fifty day moving average is $27.10 and its 200 day moving average is $27.20. Capital Group Municipal Income ETF has a 52-week low of $26.56 and a 52-week high of $27.54.

Capital Group Municipal Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were given a dividend of $0.0674 per share. This is a positive change from Capital Group Municipal Income ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Friday, November 29th.

Capital Group Municipal Income ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGMU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Municipal Income ETF (NYSEARCA:CGMUFree Report).

Institutional Ownership by Quarter for Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Receive News & Ratings for Capital Group Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.