Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) Announces Dividend of $0.05

Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) declared a dividend on Thursday, January 30th,NASDAQ Dividends reports. Shareholders of record on Friday, January 31st will be given a dividend of 0.0505 per share on Monday, February 3rd. The ex-dividend date is Friday, January 31st.

Capital Group Short Duration Municipal Income ETF Price Performance

NYSEARCA:CGSM traded down $0.04 on Friday, reaching $26.07. The stock had a trading volume of 83,629 shares, compared to its average volume of 136,971. Capital Group Short Duration Municipal Income ETF has a 1-year low of $25.54 and a 1-year high of $26.34. The stock has a fifty day moving average price of $26.06 and a 200-day moving average price of $26.12.

About Capital Group Short Duration Municipal Income ETF

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.