Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) Declares $0.08 Monthly Dividend

Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) declared a monthly dividend on Wednesday, November 26th. Investors of record on Friday, November 28th will be paid a dividend of 0.0797 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, November 28th.

Capital Group Municipal High-Income ETF Price Performance

Capital Group Municipal High-Income ETF stock opened at $25.63 on Thursday. Capital Group Municipal High-Income ETF has a one year low of $23.45 and a one year high of $25.87. The business has a fifty day moving average of $25.50 and a two-hundred day moving average of $24.92.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CGHM. Oak Hill Wealth Advisors LLC boosted its holdings in shares of Capital Group Municipal High-Income ETF by 3.5% during the second quarter. Oak Hill Wealth Advisors LLC now owns 12,360 shares of the company’s stock worth $304,000 after purchasing an additional 415 shares during the last quarter. Harbour Investments Inc. grew its holdings in Capital Group Municipal High-Income ETF by 3.3% in the 2nd quarter. Harbour Investments Inc. now owns 21,953 shares of the company’s stock valued at $541,000 after buying an additional 705 shares during the period. Betterment LLC increased its stake in shares of Capital Group Municipal High-Income ETF by 1.9% during the 1st quarter. Betterment LLC now owns 40,275 shares of the company’s stock valued at $1,009,000 after acquiring an additional 748 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Capital Group Municipal High-Income ETF by 9.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 9,760 shares of the company’s stock worth $247,000 after acquiring an additional 868 shares during the period. Finally, Opal Wealth Advisors LLC boosted its position in shares of Capital Group Municipal High-Income ETF by 97.9% in the second quarter. Opal Wealth Advisors LLC now owns 2,066 shares of the company’s stock worth $51,000 after acquiring an additional 1,022 shares during the last quarter.

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.