Keeler & Nadler Financial Planning & Wealth Management Increases Stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Keeler & Nadler Financial Planning & Wealth Management boosted its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 58.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,852 shares of the company’s stock after purchasing an additional 11,787 shares during the quarter. Keeler & Nadler Financial Planning & Wealth Management’s holdings in Capital Group Municipal Income ETF were worth $857,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. ORG Partners LLC purchased a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter valued at $25,000. Transcendent Capital Group LLC acquired a new stake in Capital Group Municipal Income ETF during the third quarter worth about $32,000. Pinnacle Bancorp Inc. purchased a new position in shares of Capital Group Municipal Income ETF in the 4th quarter worth about $35,000. Creative Financial Designs Inc. ADV lifted its stake in shares of Capital Group Municipal Income ETF by 268.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,531 shares of the company’s stock valued at $42,000 after purchasing an additional 1,116 shares in the last quarter. Finally, Rosenberg Matthew Hamilton purchased a new stake in shares of Capital Group Municipal Income ETF during the 4th quarter worth about $56,000.

Capital Group Municipal Income ETF Stock Performance

NYSEARCA CGMU opened at $26.86 on Thursday. Capital Group Municipal Income ETF has a one year low of $26.56 and a one year high of $27.54. The company’s 50 day moving average price is $27.09 and its 200 day moving average price is $27.19.

Capital Group Municipal Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were paid a $0.0674 dividend. The ex-dividend date was Friday, November 29th. This is an increase from Capital Group Municipal Income ETF’s previous dividend of $0.07.

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.