Tempus Wealth Planning LLC Has $1.75 Million Position in Capital Group Municipal Income ETF (NYSEARCA:CGMU)

Tempus Wealth Planning LLC raised its holdings in Capital Group Municipal Income ETF (NYSEARCA:CGMU) by 19.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,072 shares of the company’s stock after acquiring an additional 10,378 shares during the quarter. Tempus Wealth Planning LLC owned about 0.26% of Capital Group Municipal Income ETF worth $1,752,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Municipal Income ETF by 2.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,793,930 shares of the company’s stock valued at $49,261,000 after acquiring an additional 50,942 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of Capital Group Municipal Income ETF by 111.7% in the third quarter. MML Investors Services LLC now owns 1,203,968 shares of the company’s stock worth $33,061,000 after buying an additional 635,133 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Capital Group Municipal Income ETF by 164,421.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,110,522 shares of the company’s stock worth $30,495,000 after buying an additional 1,109,847 shares during the period. Stifel Financial Corp raised its holdings in Capital Group Municipal Income ETF by 9.4% in the 3rd quarter. Stifel Financial Corp now owns 970,719 shares of the company’s stock worth $26,656,000 after acquiring an additional 83,194 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its position in Capital Group Municipal Income ETF by 19.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 905,293 shares of the company’s stock worth $24,860,000 after acquiring an additional 145,439 shares during the last quarter.

Capital Group Municipal Income ETF Stock Performance

Shares of NYSEARCA:CGMU opened at $27.06 on Tuesday. The business has a 50 day moving average price of $27.05 and a 200 day moving average price of $27.19. Capital Group Municipal Income ETF has a twelve month low of $26.56 and a twelve month high of $27.54.

Capital Group Municipal Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Investors 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.