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

Harbour Investments Inc. raised its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 26.6% during the third quarter, HoldingsChannel reports. The firm owned 32,512 shares of the company’s stock after acquiring an additional 6,827 shares during the quarter. Harbour Investments Inc.’s holdings in Capital Group Municipal Income ETF were worth $893,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Transcendent Capital Group LLC bought a new position in shares of Capital Group Municipal Income ETF in the 3rd quarter valued at $32,000. Creative Financial Designs Inc. ADV raised its position in Capital Group Municipal Income ETF by 268.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,531 shares of the company’s stock worth $42,000 after purchasing an additional 1,116 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group Municipal Income ETF during the 2nd quarter worth $64,000. CWM LLC bought a new position in Capital Group Municipal Income ETF during the 3rd quarter worth $97,000. Finally, ICA Group Wealth Management LLC raised its position in Capital Group Municipal Income ETF by 135.8% during the 2nd 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.

Capital Group Municipal Income ETF Price Performance

Shares of NYSEARCA:CGMU opened at $27.11 on Friday. Capital Group Municipal Income ETF has a 12-month low of $26.03 and a 12-month high of $27.54. The business has a fifty day simple moving average of $27.29 and a 200 day simple moving average of $27.12.

Capital Group Municipal Income ETF Increases Dividend

The business also recently announced 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. This is a positive change from Capital Group Municipal Income ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Friday, September 27th.

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.