Sigma Planning Corp Purchases 1,819 Shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Sigma Planning Corp increased its position in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 17.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 12,018 shares of the company’s stock after buying an additional 1,819 shares during the quarter. Sigma Planning Corp’s holdings in Capital Group Municipal Income ETF were worth $330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC grew its position in shares of Capital Group Municipal Income ETF by 21.5% in the first quarter. Janney Montgomery Scott LLC now owns 20,557 shares of the company’s stock valued at $555,000 after purchasing an additional 3,633 shares during the last quarter. Avantax Advisory Services Inc. acquired a new stake in Capital Group Municipal Income ETF in the 1st quarter valued at approximately $375,000. Osaic Holdings Inc. increased its position in Capital Group Municipal Income ETF by 20.0% in the 1st quarter. Osaic Holdings Inc. now owns 460,805 shares of the company’s stock worth $12,446,000 after buying an additional 76,685 shares during the period. Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group Municipal Income ETF by 22.9% during the first quarter. Capital Group Private Client Services Inc. now owns 575,613 shares of the company’s stock worth $15,547,000 after buying an additional 107,429 shares during the last quarter. Finally, Comerica Bank boosted its position in shares of Capital Group Municipal Income ETF by 28.9% in the first quarter. Comerica Bank now owns 31,006 shares of the company’s stock valued at $837,000 after acquiring an additional 6,956 shares during the period.

Capital Group Municipal Income ETF Stock Up 0.1 %

Shares of CGMU stock opened at $27.15 on Friday. Capital Group Municipal Income ETF has a 1 year low of $26.16 and a 1 year high of $27.54. The firm’s fifty 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 disclosed a dividend, which was paid on Monday, September 30th. Stockholders 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 a positive change from Capital Group Municipal Income ETF’s previous dividend of $0.05.

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.