Capital Group Municipal Income ETF $CGMU Shares Purchased by Vicus Capital

Vicus Capital boosted its position in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 154.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,260 shares of the company’s stock after buying an additional 42,692 shares during the period. Vicus Capital’s holdings in Capital Group Municipal Income ETF were worth $1,917,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Blue Chip Partners LLC lifted its stake in shares of Capital Group Municipal Income ETF by 2,093.0% in the 2nd quarter. Blue Chip Partners LLC now owns 1,517,911 shares of the company’s stock worth $40,513,000 after acquiring an additional 1,448,696 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Municipal Income ETF by 35.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,977,547 shares of the company’s stock worth $132,851,000 after purchasing an additional 1,314,330 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its position in Capital Group Municipal Income ETF by 111.4% in the second quarter. Vestmark Advisory Solutions Inc. now owns 1,948,750 shares of the company’s stock valued at $52,012,000 after purchasing an additional 1,027,021 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Capital Group Municipal Income ETF by 13.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,424,405 shares of the company’s stock valued at $224,847,000 after purchasing an additional 1,017,473 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Capital Group Municipal Income ETF by 36.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,033,631 shares of the company’s stock valued at $54,300,000 after purchasing an additional 543,338 shares in the last quarter.

Capital Group Municipal Income ETF Price Performance

Shares of CGMU stock opened at $27.54 on Monday. The stock has a 50 day simple moving average of $27.40 and a 200-day simple moving average of $27.14. Capital Group Municipal Income ETF has a 12-month low of $25.83 and a 12-month high of $27.56.

Capital Group Municipal Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a $0.0872 dividend. The ex-dividend date was Wednesday, December 24th. This is a positive change from Capital Group Municipal Income ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.8%.

About Capital Group Municipal Income ETF

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.