Global Retirement Partners LLC Makes New $456,000 Investment in Capital Group Municipal High-Income ETF $CGHM

Global Retirement Partners LLC acquired a new stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 18,497 shares of the company’s stock, valued at approximately $456,000. Global Retirement Partners LLC owned 0.20% of Capital Group Municipal High-Income ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Creative Financial Designs Inc. ADV boosted its stake in Capital Group Municipal High-Income ETF by 203.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 1,818 shares of the company’s stock valued at $45,000 after buying an additional 1,218 shares in the last quarter. Opal Wealth Advisors LLC boosted its stake in shares of Capital Group Municipal High-Income ETF by 97.9% in the 2nd quarter. Opal Wealth Advisors LLC now owns 2,066 shares of the company’s stock valued at $51,000 after purchasing an additional 1,022 shares in the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of Capital Group Municipal High-Income ETF in the 2nd quarter worth about $66,000. Stratos Wealth Partners LTD. bought a new stake in shares of Capital Group Municipal High-Income ETF in the 2nd quarter worth about $261,000. Finally, Strategic Blueprint LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF during the 2nd quarter worth about $261,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of CGHM stock opened at $25.54 on Friday. Capital Group Municipal High-Income ETF has a 12-month low of $23.45 and a 12-month high of $25.87. The firm has a 50-day moving average price of $25.51 and a 200 day moving average price of $24.93.

Capital Group Municipal High-Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 28th will be issued a dividend of $0.0797 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 3.7%.

Capital Group Municipal High-Income ETF 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.