Wealthcare Advisory Partners LLC Sells 19,872 Shares of Capital Group Municipal High-Income ETF $CGHM

Wealthcare Advisory Partners LLC cut its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 15.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 112,521 shares of the company’s stock after selling 19,872 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Capital Group Municipal High-Income ETF were worth $2,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of CGHM. Royal Bank of Canada lifted its holdings in Capital Group Municipal High-Income ETF by 113.5% during the 1st quarter. Royal Bank of Canada now owns 82,978 shares of the company’s stock worth $2,080,000 after purchasing an additional 44,104 shares during the last quarter. Jane Street Group LLC raised its stake in Capital Group Municipal High-Income ETF by 349.1% in the first quarter. Jane Street Group LLC now owns 93,676 shares of the company’s stock valued at $2,348,000 after purchasing an additional 72,817 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Capital Group Municipal High-Income ETF during the second quarter worth about $456,000. Steward Partners Investment Advisory LLC grew its stake in Capital Group Municipal High-Income ETF by 68.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 41,305 shares of the company’s stock worth $1,018,000 after buying an additional 16,824 shares in the last quarter. Finally, Sei Investments Co. bought a new position in Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $927,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of Capital Group Municipal High-Income ETF stock opened at $25.26 on Monday. The company has a 50 day moving average of $25.66 and a 200-day moving average of $25.56. Capital Group Municipal High-Income ETF has a 1-year low of $23.45 and a 1-year high of $25.98.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a dividend of $0.0982 per share. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.7%. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.06.

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.