644,513 Shares in Capital Group Municipal High-Income ETF $CGHM Purchased by Aprio Wealth Management LLC

Aprio Wealth Management LLC purchased a new position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 644,513 shares of the company’s stock, valued at approximately $16,422,000. Capital Group Municipal High-Income ETF comprises approximately 1.0% of Aprio Wealth Management LLC’s holdings, making the stock its 28th largest position. Aprio Wealth Management LLC owned 0.64% of Capital Group Municipal High-Income ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. D.A. Davidson & CO. acquired a new stake in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth approximately $581,000. Camelot Portfolios LLC acquired a new position in Capital Group Municipal High-Income ETF during the fourth quarter worth approximately $67,000. ST Germain D J Co. Inc. raised its stake in Capital Group Municipal High-Income ETF by 292.4% during the fourth quarter. ST Germain D J Co. Inc. now owns 26,288 shares of the company’s stock worth $670,000 after purchasing an additional 19,588 shares during the period. First Interstate Bank purchased a new position in Capital Group Municipal High-Income ETF during the fourth quarter worth approximately $4,102,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Capital Group Municipal High-Income ETF by 23.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 5,310 shares of the company’s stock valued at $135,000 after purchasing an additional 1,000 shares during the last quarter.

Capital Group Municipal High-Income ETF Price Performance

Shares of NYSEARCA CGHM opened at $25.69 on Monday. Capital Group Municipal High-Income ETF has a 52-week low of $24.29 and a 52-week high of $30.00. The firm has a fifty day moving average of $25.61 and a 200-day moving average of $25.58.

Capital Group Municipal High-Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.0982 dividend. The ex-dividend date was Friday, February 27th. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.