Wintrust Investments LLC Raises Stock Holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Wintrust Investments LLC lifted its holdings in shares of Capital Group Municipal Income ETF (NYSEARCA:CGMUFree Report) by 13.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,559 shares of the company’s stock after purchasing an additional 427 shares during the quarter. Wintrust Investments LLC’s holdings in Capital Group Municipal Income ETF were worth $95,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CGMU. ORG Partners LLC bought a new stake in Capital Group Municipal Income ETF in the 4th quarter worth approximately $25,000. Spire Wealth Management bought a new stake in Capital Group Municipal Income ETF in the 4th quarter worth approximately $25,000. Pinnacle Bancorp Inc. bought a new stake in Capital Group Municipal Income ETF in the 4th quarter worth approximately $35,000. Rosenberg Matthew Hamilton bought a new stake in Capital Group Municipal Income ETF in the 4th quarter worth approximately $56,000. Finally, Golden State Wealth Management LLC bought a new stake in Capital Group Municipal Income ETF in the 4th quarter worth approximately $66,000.

Capital Group Municipal Income ETF Stock Performance

NYSEARCA:CGMU opened at $27.00 on Friday. The business has a 50 day moving average of $27.06 and a 200 day moving average of $27.18. Capital Group Municipal Income ETF has a 1-year low of $26.56 and a 1-year high of $27.54.

Capital Group Municipal Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were given a $0.0626 dividend. 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.

Further Reading

Institutional Ownership by Quarter for Capital Group Municipal Income ETF (NYSEARCA:CGMU)

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