Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) Plans Dividend Increase – $0.06 Per Share

Capital Group Short Duration Municipal Income ETF (NYSEARCA:CGSM) announced a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.0608 per share on Monday, December 2nd. The ex-dividend date is Friday, November 29th. This is a positive change from Capital Group Short Duration Municipal Income ETF’s previous dividend of $0.03.

Capital Group Short Duration Municipal Income ETF Stock Up 0.1 %

Capital Group Short Duration Municipal Income ETF stock traded up $0.03 during trading on Friday, reaching $26.17. The stock had a trading volume of 30,853 shares, compared to its average volume of 126,182. Capital Group Short Duration Municipal Income ETF has a 52-week low of $25.54 and a 52-week high of $26.34. The business has a 50 day moving average price of $26.17 and a 200 day moving average price of $26.02.

About Capital Group Short Duration Municipal Income ETF

The Capital Group Short Duration Municipal Income ETF (CGSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a portfolio of US municipal bonds exempt from regular federal income tax. The portfolio is mostly comprised of investment grade debts and the average portfolio duration is expected to be one year.