Capital Group Municipal High-Income ETF $CGHM Stock: Kestra Advisory Services LLC Grows Stake

Kestra Advisory Services LLC boosted its holdings in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 30.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 657,365 shares of the company’s stock after acquiring an additional 151,873 shares during the quarter. Kestra Advisory Services LLC’s holdings in Capital Group Municipal High-Income ETF were worth $15,823,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Midwest Heritage Bank FSB grew its holdings in shares of Capital Group Municipal High-Income ETF by 1.9% during the third quarter. Midwest Heritage Bank FSB now owns 23,634 shares of the company’s stock valued at $569,000 after buying an additional 432 shares during the last quarter. MGO One Seven LLC raised its position in Capital Group Municipal High-Income ETF by 3.6% in the 3rd quarter. MGO One Seven LLC now owns 18,927 shares of the company’s stock valued at $456,000 after buying an additional 666 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Capital Group Municipal High-Income ETF by 5.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 16,930 shares of the company’s stock valued at $408,000 after acquiring an additional 826 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in Capital Group Municipal High-Income ETF by 74.4% during the 3rd quarter. CoreCap Advisors LLC now owns 2,299 shares of the company’s stock worth $55,000 after acquiring an additional 981 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of Capital Group Municipal High-Income ETF by 9.2% in the 1st quarter. International Assets Investment Management LLC now owns 14,900 shares of the company’s stock worth $378,000 after acquiring an additional 1,260 shares in the last quarter.

Capital Group Municipal High-Income ETF Price Performance

Capital Group Municipal High-Income ETF stock opened at $25.06 on Monday. Capital Group Municipal High-Income ETF has a 52 week low of $23.81 and a 52 week high of $30.00. The company’s 50 day moving average price is $24.59 and its two-hundred day moving average price is $25.37.

Capital Group Municipal High-Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were paid a dividend of $0.0853 per share. This represents a $1.02 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, October 30th. This is a negative change from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.0884.

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.