Capital Group Municipal High-Income ETF $CGHM Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lowered its position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,521 shares of the company’s stock after selling 19,872 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.11% of Capital Group Municipal High-Income ETF worth $2,867,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of CGHM. Royal Bank of Canada lifted its position in Capital Group Municipal High-Income ETF by 113.5% during the 1st quarter. Royal Bank of Canada now owns 82,978 shares of the company’s stock worth $2,080,000 after acquiring an additional 44,104 shares in the last quarter. Jane Street Group LLC boosted its position in Capital Group Municipal High-Income ETF by 349.1% during the 1st quarter. Jane Street Group LLC now owns 93,676 shares of the company’s stock valued at $2,348,000 after purchasing an additional 72,817 shares during the period. Global Retirement Partners LLC acquired a new stake in Capital Group Municipal High-Income ETF in the second quarter worth $456,000. Steward Partners Investment Advisory LLC lifted its stake in Capital Group Municipal High-Income ETF by 68.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 41,305 shares of the company’s stock valued at $1,018,000 after buying an additional 16,824 shares during the last quarter. Finally, Sei Investments Co. acquired a new position in shares of Capital Group Municipal High-Income ETF during the second quarter valued at $927,000.

Capital Group Municipal High-Income ETF Stock Performance

NYSEARCA CGHM opened at $25.26 on Monday. The company has a 50-day moving average price of $25.66 and a two-hundred day moving average price of $25.56. Capital Group Municipal High-Income ETF has a 52 week low of $23.45 and a 52 week high of $25.98.

Capital Group Municipal High-Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a $0.0982 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Friday, February 27th. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.06.

Capital Group Municipal High-Income ETF Company Profile

The Capital Group Municipal High-Income ETF (CGHM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of tax-exempt current income by actively investing in lower rated, intermediate- to long-term Muni bonds. CGHM was launched on Jun 25, 2024 and is issued by Capital Group.