Capital Group Private Client Services Inc. Has $6.24 Million Stock Holdings in Capital Group Municipal High-Income ETF $CGHM

Capital Group Private Client Services Inc. boosted its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 17.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 246,604 shares of the company’s stock after purchasing an additional 37,370 shares during the period. Capital Group Private Client Services Inc. owned about 0.27% of Capital Group Municipal High-Income ETF worth $6,237,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE bought a new stake in shares of Capital Group Municipal High-Income ETF during the second quarter worth $34,000. Farther Finance Advisors LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF during the 3rd quarter valued at $93,000. Geneos Wealth Management Inc. boosted its holdings in shares of Capital Group Municipal High-Income ETF by 2,451.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 5,537 shares of the company’s stock valued at $136,000 after acquiring an additional 5,320 shares in the last quarter. ST Germain D J Co. Inc. bought a new stake in Capital Group Municipal High-Income ETF during the 3rd quarter worth $169,000. Finally, Merit Financial Group LLC bought a new stake in Capital Group Municipal High-Income ETF during the 3rd quarter worth $227,000.

Capital Group Municipal High-Income ETF Stock Down 0.1%

Shares of CGHM opened at $25.67 on Wednesday. Capital Group Municipal High-Income ETF has a 12-month low of $23.45 and a 12-month high of $25.98. The business has a 50-day simple moving average of $25.68 and a two-hundred day simple moving average of $25.49.

Capital Group Municipal High-Income ETF Increases Dividend

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

About Capital Group Municipal High-Income ETF

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.