EverSource Wealth Advisors LLC Has $755,000 Holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

EverSource Wealth Advisors LLC raised its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 19.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,033 shares of the company’s stock after buying an additional 4,508 shares during the quarter. EverSource Wealth Advisors LLC owned 0.11% of Capital Group Municipal Income ETF worth $755,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in Capital Group Municipal Income ETF in the fourth quarter valued at approximately $25,000. Spire Wealth Management acquired a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth approximately $25,000. Pinnacle Bancorp Inc. acquired a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth approximately $35,000. Rosenberg Matthew Hamilton acquired a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth approximately $56,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Capital Group Municipal Income ETF during the fourth quarter worth approximately $66,000.

Capital Group Municipal Income ETF Stock Down 0.1 %

Shares of NYSEARCA:CGMU opened at $27.00 on Friday. Capital Group Municipal Income ETF has a twelve month low of $26.56 and a twelve month high of $27.54. The stock’s 50 day moving average is $27.06 and its 200-day moving average is $27.18.

Capital Group Municipal Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a dividend of $0.0626 per share. The ex-dividend date of this dividend was Friday, January 31st.

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.