26,530 Capital Group Municipal Income ETF $CGMU Shares Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC raised its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 35.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,379 shares of the company’s stock after purchasing an additional 26,530 shares during the period. Simplicity Wealth LLC’s holdings in Capital Group Municipal Income ETF were worth $2,630,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of Capital Group Municipal Income ETF by 119.9% in the 1st quarter. Bank of America Corp DE now owns 1,696,201 shares of the company’s stock worth $46,052,000 after purchasing an additional 924,704 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Capital Group Municipal Income ETF by 6.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,701,352 shares of the company’s stock valued at $376,376,000 after buying an additional 859,323 shares in the last quarter. Cetera Investment Advisers increased its position in Capital Group Municipal Income ETF by 17.3% during the 1st quarter. Cetera Investment Advisers now owns 4,877,693 shares of the company’s stock valued at $132,429,000 after buying an additional 720,377 shares in the last quarter. Kestra Advisory Services LLC raised its stake in Capital Group Municipal Income ETF by 254.0% during the first quarter. Kestra Advisory Services LLC now owns 608,109 shares of the company’s stock valued at $16,510,000 after buying an additional 436,307 shares during the last quarter. Finally, Stonebridge Financial Group LLC raised its stake in Capital Group Municipal Income ETF by 114.7% during the third quarter. Stonebridge Financial Group LLC now owns 765,597 shares of the company’s stock valued at $19,860,000 after buying an additional 408,964 shares during the last quarter.

Capital Group Municipal Income ETF Price Performance

Capital Group Municipal Income ETF stock opened at $26.62 on Monday. Capital Group Municipal Income ETF has a 12 month low of $25.73 and a 12 month high of $27.93. The business’s fifty day simple moving average is $26.51 and its two-hundred day simple moving average is $27.04.

Capital Group Municipal Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.0773 dividend. This represents a $0.93 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Tuesday, September 29th. This is a positive change from Capital Group Municipal Income ETF’s previous monthly dividend of $0.0702.

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.