Advyzon Investment Management LLC Acquires Shares of 22,244 Capital Group Municipal High-Income ETF $CGHM

Advyzon Investment Management LLC purchased a new position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 22,244 shares of the company’s stock, valued at approximately $548,000. Advyzon Investment Management LLC owned about 0.24% of Capital Group Municipal High-Income ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp purchased a new position in Capital Group Municipal High-Income ETF in the 1st quarter worth approximately $7,940,000. Strata Wealth Advisors LLC increased its holdings in shares of Capital Group Municipal High-Income ETF by 1,393.0% in the 2nd quarter. Strata Wealth Advisors LLC now owns 276,334 shares of the company’s stock worth $6,807,000 after purchasing an additional 257,825 shares in the last quarter. LPL Financial LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the first quarter worth $5,055,000. HighTower Advisors LLC lifted its holdings in shares of Capital Group Municipal High-Income ETF by 491.4% during the first quarter. HighTower Advisors LLC now owns 198,754 shares of the company’s stock valued at $4,981,000 after purchasing an additional 165,147 shares in the last quarter. Finally, Gutierrez Wealth Advisory LLC boosted its position in shares of Capital Group Municipal High-Income ETF by 36.7% during the second quarter. Gutierrez Wealth Advisory LLC now owns 189,095 shares of the company’s stock valued at $4,658,000 after buying an additional 50,738 shares during the last quarter.

Capital Group Municipal High-Income ETF Stock Performance

CGHM opened at $25.65 on Wednesday. The company’s 50-day simple moving average is $25.40 and its two-hundred day simple moving average is $24.85. Capital Group Municipal High-Income ETF has a 52-week low of $23.45 and a 52-week high of $25.87.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were issued a dividend of $0.1009 per share. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Friday, October 31st.

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.