Uhlmann Price Securities LLC Takes $296,000 Position in Capital Group Municipal High-Income ETF $CGHM

Uhlmann Price Securities LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,008 shares of the company’s stock, valued at approximately $296,000. Uhlmann Price Securities LLC owned 0.14% of Capital Group Municipal High-Income ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in CGHM. Cambridge Investment Research Advisors Inc. grew its stake in shares of Capital Group Municipal High-Income ETF by 13.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 80,539 shares of the company’s stock valued at $2,018,000 after buying an additional 9,704 shares during the period. Valmark Advisers Inc. boosted its position in Capital Group Municipal High-Income ETF by 16.5% during the 1st quarter. Valmark Advisers Inc. now owns 156,136 shares of the company’s stock worth $3,913,000 after purchasing an additional 22,087 shares during the period. International Assets Investment Management LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 1st quarter worth $209,000. Oak Hill Wealth Advisors LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 1st quarter worth $299,000. Finally, Koshinski Asset Management Inc. boosted its position in Capital Group Municipal High-Income ETF by 108.0% during the 1st quarter. Koshinski Asset Management Inc. now owns 27,483 shares of the company’s stock worth $689,000 after purchasing an additional 14,273 shares during the period.

Capital Group Municipal High-Income ETF Stock Down 0.1%

Shares of Capital Group Municipal High-Income ETF stock opened at $25.58 on Monday. The company has a fifty day moving average price of $25.05 and a 200 day moving average price of $24.70. Capital Group Municipal High-Income ETF has a twelve month low of $23.45 and a twelve month high of $25.87.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were given a dividend of $0.0814 per share. This is a positive change from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Monday, September 29th. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.