Capital Group Municipal Income ETF $CGMU Holdings Lowered by Keeler & Nadler Financial Planning & Wealth Management

Keeler & Nadler Financial Planning & Wealth Management lowered its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 43.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 43,707 shares of the company’s stock after selling 33,695 shares during the quarter. Keeler & Nadler Financial Planning & Wealth Management’s holdings in Capital Group Municipal Income ETF were worth $1,134,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. LongView Wealth Management lifted its stake in Capital Group Municipal Income ETF by 0.3% in the third quarter. LongView Wealth Management now owns 136,772 shares of the company’s stock valued at $3,548,000 after buying an additional 464 shares during the period. McGlone Suttner Wealth Management Inc. boosted its holdings in Capital Group Municipal Income ETF by 0.8% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 81,614 shares of the company’s stock worth $2,117,000 after buying an additional 610 shares during the last quarter. Frazier Financial Advisors LLC boosted its holdings in Capital Group Municipal Income ETF by 3.9% during the first quarter. Frazier Financial Advisors LLC now owns 16,215 shares of the company’s stock worth $440,000 after buying an additional 614 shares during the last quarter. Trinity Wealth Management LLC grew its position in shares of Capital Group Municipal Income ETF by 0.5% during the 2nd quarter. Trinity Wealth Management LLC now owns 143,162 shares of the company’s stock worth $3,933,000 after buying an additional 721 shares during the period. Finally, Florida Financial Advisors LLC grew its position in shares of Capital Group Municipal Income ETF by 5.9% during the 1st quarter. Florida Financial Advisors LLC now owns 13,380 shares of the company’s stock worth $363,000 after buying an additional 740 shares during the period.

Capital Group Municipal Income ETF Price Performance

Shares of NYSEARCA CGMU opened at $26.72 on Friday. Capital Group Municipal Income ETF has a twelve month low of $25.73 and a twelve month high of $27.93. The company’s fifty day moving average is $26.48 and its 200-day moving average is $27.19.

Capital Group Municipal Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a dividend of $0.0773 per share. The ex-dividend date was Tuesday, September 29th. This is a boost from Capital Group Municipal Income ETF’s previous monthly dividend of $0.0702. This represents a $0.93 dividend on an annualized basis and a dividend yield of 3.5%.

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.