Sigma Planning Corp Buys New Stake in Capital Group Municipal High-Income ETF $CGHM

Sigma Planning Corp bought a new position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the 3rd quarter, Holdings Channel.com reports. The firm bought 23,379 shares of the company’s stock, valued at approximately $563,000.

Several other large investors also recently made changes to their positions in the stock. Swmg LLC bought a new stake in Capital Group Municipal High-Income ETF during the third quarter valued at about $274,000. Simplicity Wealth LLC raised its stake in shares of Capital Group Municipal High-Income ETF by 11.4% in the third quarter. Simplicity Wealth LLC now owns 95,568 shares of the company’s stock valued at $2,300,000 after purchasing an additional 9,761 shares in the last quarter. Wedbush Securities Inc. acquired a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at $1,830,000. EnRich Financial Partners LLC raised its position in Capital Group Municipal High-Income ETF by 11.3% in the third quarter. EnRich Financial Partners LLC now owns 37,694 shares of the company’s stock worth $907,000 after purchasing an additional 3,833 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its position in shares of Capital Group Municipal High-Income ETF by 13.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 19,206 shares of the company’s stock worth $469,000 after buying an additional 2,316 shares during the period.

Capital Group Municipal High-Income ETF Trading Down 0.0%

Capital Group Municipal High-Income ETF stock opened at $24.78 on Friday. Capital Group Municipal High-Income ETF has a 52-week low of $23.81 and a 52-week high of $30.00. The stock has a fifty day moving average price of $24.64 and a two-hundred day moving average price of $25.38.

Capital Group Municipal High-Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be paid a $0.0853 dividend. The ex-dividend date of this dividend is Friday, October 30th. This is a drop from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.0884. This represents a $1.02 dividend on an annualized basis and a yield of 4.1%.

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.