Capital International Investors Raises Stock Position in Capital Group Municipal High-Income ETF $CGHM

Capital International Investors boosted its position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 77,872.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,479,281 shares of the company’s stock after purchasing an additional 58,404,281 shares during the quarter. Capital International Investors owned about 63.63% of Capital Group Municipal High-Income ETF worth $1,478,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. AdvisorNet Financial Inc grew its position in shares of Capital Group Municipal High-Income ETF by 9.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 9,760 shares of the company’s stock valued at $247,000 after purchasing an additional 868 shares in the last quarter. Prospera Financial Services Inc grew its position in Capital Group Municipal High-Income ETF by 5.1% during the second quarter. Prospera Financial Services Inc now owns 27,270 shares of the company’s stock worth $672,000 after buying an additional 1,321 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $34,000. Global Retirement Partners LLC boosted its position in shares of Capital Group Municipal High-Income ETF by 13.8% during the 3rd quarter. Global Retirement Partners LLC now owns 21,044 shares of the company’s stock valued at $532,000 after acquiring an additional 2,547 shares during the last quarter. Finally, World Investment Advisors grew its holdings in shares of Capital Group Municipal High-Income ETF by 24.1% during the third quarter. World Investment Advisors now owns 13,514 shares of the company’s stock worth $342,000 after purchasing an additional 2,624 shares in the last quarter.

Capital Group Municipal High-Income ETF Trading Down 0.0%

Shares of Capital Group Municipal High-Income ETF stock opened at $25.69 on Tuesday. Capital Group Municipal High-Income ETF has a 1 year low of $23.45 and a 1 year high of $25.98. The company has a 50 day simple moving average of $25.68 and a two-hundred day simple moving average of $25.48.

Capital Group Municipal High-Income ETF Increases Dividend

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

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.