Sigma Planning Corp Has $330,000 Stock Position in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Sigma Planning Corp boosted its stake in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 17.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,018 shares of the company’s stock after buying an additional 1,819 shares during the period. Sigma Planning Corp’s holdings in Capital Group Municipal Income ETF were worth $330,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CGMU. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Municipal Income ETF by 2.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,793,930 shares of the company’s stock valued at $49,261,000 after acquiring an additional 50,942 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Capital Group Municipal Income ETF by 32.0% in the second quarter. LPL Financial LLC now owns 1,193,388 shares of the company’s stock valued at $32,042,000 after purchasing an additional 289,638 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Municipal Income ETF by 42.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 988,013 shares of the company’s stock valued at $26,528,000 after purchasing an additional 294,477 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Capital Group Municipal Income ETF by 27.9% during the second quarter. Cetera Investment Advisers now owns 919,068 shares of the company’s stock valued at $24,677,000 after buying an additional 200,221 shares in the last quarter. Finally, Great Valley Advisor Group Inc. raised its position in Capital Group Municipal Income ETF by 9.3% during the second quarter. Great Valley Advisor Group Inc. now owns 759,854 shares of the company’s stock valued at $20,402,000 after buying an additional 64,577 shares during the period.

Capital Group Municipal Income ETF Price Performance

Shares of Capital Group Municipal Income ETF 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 stock has a 50-day moving average price of $27.29 and a 200 day moving average price of $27.12.

Capital Group Municipal Income ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Friday, September 27th. This is an increase from Capital Group Municipal Income ETF’s previous dividend of $0.05.

Capital Group Municipal Income ETF Company 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.