WR Wealth Planners LLC Has $98,000 Stock Position in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

WR Wealth Planners LLC decreased its stake in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 51.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,637 shares of the company’s stock after selling 3,869 shares during the quarter. WR Wealth Planners LLC’s holdings in Capital Group Municipal Income ETF were worth $98,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of CGMU. JPMorgan Chase & Co. boosted its position in shares of Capital Group Municipal Income ETF by 164,421.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,110,522 shares of the company’s stock valued at $30,495,000 after purchasing an additional 1,109,847 shares during the period. Assetmark Inc. purchased a new stake in Capital Group Municipal Income ETF in the 3rd quarter worth about $19,822,000. MML Investors Services LLC lifted its stake in Capital Group Municipal Income ETF by 111.7% in the 3rd quarter. MML Investors Services LLC now owns 1,203,968 shares of the company’s stock worth $33,061,000 after acquiring an additional 635,133 shares in the last quarter. Confluence Wealth Services Inc. lifted its stake in Capital Group Municipal Income ETF by 1,240.3% in the 4th quarter. Confluence Wealth Services Inc. now owns 624,857 shares of the company’s stock worth $16,815,000 after acquiring an additional 578,236 shares in the last quarter. Finally, Orion Portfolio Solutions LLC purchased a new stake in Capital Group Municipal Income ETF in the 3rd quarter worth about $11,362,000.

Capital Group Municipal Income ETF Price Performance

Shares of Capital Group Municipal Income ETF stock opened at $27.26 on Friday. The stock has a 50-day moving average price of $27.02 and a 200 day moving average price of $27.19. 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 firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were paid a $0.0626 dividend. The ex-dividend date of this dividend was Friday, January 31st.

Capital Group Municipal Income ETF 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.