Vestmark Advisory Solutions Inc. Purchases 84,753 Shares of Capital Group Municipal High-Income ETF $CGHM

Vestmark Advisory Solutions Inc. grew its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHMFree Report) by 6.5% in the fourth quarter, Holdings Channel reports. The firm owned 1,386,911 shares of the company’s stock after purchasing an additional 84,753 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital Group Municipal High-Income ETF were worth $35,338,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CGHM. Capital International Investors raised its position in shares of Capital Group Municipal High-Income ETF by 77,872.4% in the third quarter. Capital International Investors now owns 58,479,281 shares of the company’s stock worth $1,478,941,000 after buying an additional 58,404,281 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Capital Group Municipal High-Income ETF by 15,962.1% during the third quarter. Envestnet Asset Management Inc. now owns 9,621,180 shares of the company’s stock worth $243,320,000 after buying an additional 9,561,280 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Capital Group Municipal High-Income ETF by 835.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,643,882 shares of the company’s stock worth $41,886,000 after acquiring an additional 1,468,177 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Capital Group Municipal High-Income ETF by 5.0% in the 4th quarter. Assetmark Inc. now owns 1,128,678 shares of the company’s stock valued at $28,759,000 after acquiring an additional 54,141 shares in the last quarter. Finally, Confluence Wealth Services Inc. raised its holdings in shares of Capital Group Municipal High-Income ETF by 10.7% in the 4th quarter. Confluence Wealth Services Inc. now owns 698,946 shares of the company’s stock valued at $17,809,000 after acquiring an additional 67,555 shares in the last quarter.

Capital Group Municipal High-Income ETF Trading Up 0.1%

Shares of CGHM opened at $25.41 on Friday. Capital Group Municipal High-Income ETF has a 12-month low of $24.29 and a 12-month high of $30.00. The stock has a 50-day moving average price of $25.52 and a 200-day moving average price of $25.58.

Capital Group Municipal High-Income ETF Increases Dividend

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

Capital Group Municipal High-Income ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CGHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Municipal High-Income ETF (NYSEARCA:CGHMFree Report).

Institutional Ownership by Quarter for Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

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