Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) Declares Monthly Dividend of $0.08

Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) announced a monthly dividend on Wednesday, November 26th. Investors of record on Friday, November 28th will be given a dividend of 0.0797 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Friday, November 28th.

Capital Group Municipal High-Income ETF Trading Up 0.2%

Shares of CGHM stock traded up $0.04 during mid-day trading on Thursday, reaching $25.63. The stock had a trading volume of 225,587 shares, compared to its average volume of 390,482. The business has a 50-day simple moving average of $25.50 and a 200 day simple moving average of $24.92. Capital Group Municipal High-Income ETF has a 12-month low of $23.45 and a 12-month high of $25.87.

Institutional Trading of Capital Group Municipal High-Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE purchased a new position in Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $34,000. Creative Financial Designs Inc. ADV increased its stake in Capital Group Municipal High-Income ETF by 203.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,818 shares of the company’s stock worth $45,000 after acquiring an additional 1,218 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in Capital Group Municipal High-Income ETF during the 3rd quarter worth approximately $48,000. Opal Wealth Advisors LLC raised 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 acquiring an additional 1,022 shares during the period. Finally, Advisory Services Network LLC purchased a new position in Capital Group Municipal High-Income ETF in the third quarter valued at about $61,000.

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.