Capital Group Municipal High-Income ETF $CGHM Shares Acquired by Oak Hill Wealth Advisors LLC

Oak Hill Wealth Advisors LLC increased its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 3.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,360 shares of the company’s stock after buying an additional 415 shares during the quarter. Oak Hill Wealth Advisors LLC owned about 0.14% of Capital Group Municipal High-Income ETF worth $304,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CGHM. Opal Wealth Advisors LLC acquired a new stake in Capital Group Municipal High-Income ETF in the 1st quarter valued at approximately $26,000. International Assets Investment Management LLC acquired a new stake in Capital Group Municipal High-Income ETF in the 1st quarter valued at approximately $209,000. Synergy Investment Management LLC acquired a new stake in Capital Group Municipal High-Income ETF in the 1st quarter valued at approximately $244,000. Thrive Wealth Management LLC acquired a new stake in Capital Group Municipal High-Income ETF in the 2nd quarter valued at approximately $346,000. Finally, Vicus Capital acquired a new stake in Capital Group Municipal High-Income ETF in the 2nd quarter valued at approximately $346,000.

Capital Group Municipal High-Income ETF Trading Up 0.1%

Shares of CGHM stock opened at $25.35 on Friday. Capital Group Municipal High-Income ETF has a 1 year low of $23.45 and a 1 year high of $25.87. The business’s fifty day moving average is $24.86 and its 200-day moving average is $24.69.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were given a $0.0814 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. This is a boost 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.

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.