Capital Group Municipal Income ETF (NYSEARCA:CGMU) Stock Position Raised by Stephens Inc. AR

Posted by Kyle Jackson on Feb 13th, 2025

Stephens Inc. AR lifted its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU – Free Report) by 13.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,840 shares of the company’s stock after purchasing an additional 5,445 shares during the period. Stephens Inc. AR owned approximately 0.18% of Capital Group Municipal Income ETF worth $1,261,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. ORG Partners LLC purchased a new position in Capital Group Municipal Income ETF in the 4th quarter worth about $25,000. Spire Wealth Management purchased a new position in shares of Capital Group Municipal Income ETF in the fourth quarter worth approximately $25,000. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Municipal Income ETF during the third quarter valued at approximately $32,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Capital Group Municipal Income ETF in the 4th quarter valued at approximately $35,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in Capital Group Municipal Income ETF by 268.9% in 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 period.

Capital Group Municipal Income ETF Trading Down 0.3 %

NYSEARCA CGMU opened at $27.03 on Thursday. The firm’s 50 day moving average price is $27.03 and its two-hundred day moving average price is $27.19. Capital Group Municipal Income ETF has a twelve month low of $26.56 and a twelve month high of $27.54.

Capital Group Municipal Income ETF Cuts Dividend

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

Capital Group Municipal Income ETF Company 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.