Citadel Advisors LLC Sells 28,834 Shares of Capital Group Municipal High-Income ETF $CGHM

Citadel Advisors LLC cut its holdings in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 18.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 124,944 shares of the company’s stock after selling 28,834 shares during the quarter. Citadel Advisors LLC’s holdings in Capital Group Municipal High-Income ETF were worth $3,230,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in CGHM. Ameritas Advisory Services LLC lifted its position in Capital Group Municipal High-Income ETF by 281.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 44,776 shares of the company’s stock worth $1,157,000 after buying an additional 33,026 shares in the last quarter. Members Advisory Group LLC bought a new stake in Capital Group Municipal High-Income ETF during the 2nd quarter worth about $210,000. HB Wealth Management LLC bought a new stake in Capital Group Municipal High-Income ETF during the 2nd quarter worth about $990,000. William John Sempolinski acquired a new stake in Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $437,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $355,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of NYSEARCA CGHM opened at $25.06 on Tuesday. Capital Group Municipal High-Income ETF has a 1-year low of $24.80 and a 1-year high of $30.00. The company has a 50-day moving average of $25.54 and a two-hundred day moving average of $25.60.

Capital Group Municipal High-Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were issued a $0.1139 dividend. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend was Friday, July 31st.

About Capital Group Municipal High-Income ETF

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.