Harbour Investments Inc. Acquires 13,625 Shares of Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Harbour Investments Inc. increased its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 41.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,137 shares of the company’s stock after purchasing an additional 13,625 shares during the period. Harbour Investments Inc. owned approximately 0.18% of Capital Group Municipal Income ETF worth $1,242,000 at the end of the most recent reporting period.

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

Capital Group Municipal Income ETF Price Performance

Capital Group Municipal Income ETF stock opened at $26.99 on Wednesday. Capital Group Municipal Income ETF has a fifty-two week low of $26.56 and a fifty-two week high of $27.54. The firm has a fifty day moving average price of $27.06 and a two-hundred day moving average price of $27.17.

Capital Group Municipal Income ETF Cuts Dividend

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