Capital Group Municipal High-Income ETF $CGHM Stock Holdings Raised by Platt Wealth Management LLC

Platt Wealth Management LLC lifted its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) by 25.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 265,989 shares of the company’s stock after buying an additional 53,372 shares during the quarter. Capital Group Municipal High-Income ETF comprises approximately 5.0% of Platt Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Platt Wealth Management LLC’s holdings in Capital Group Municipal High-Income ETF were worth $6,402,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. CoreCap Advisors LLC lifted its position in Capital Group Municipal High-Income ETF by 653.1% in the 2nd quarter. CoreCap Advisors LLC now owns 1,318 shares of the company’s stock valued at $34,000 after acquiring an additional 1,143 shares in the last quarter. Western Wealth Management LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 1st quarter valued at $36,000. Signature Equity Partners LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 3rd quarter valued at $50,000. WNY Asset Management LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 1st quarter valued at $207,000. Finally, Members Advisory Group LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 2nd quarter valued at $210,000.

Capital Group Municipal High-Income ETF Price Performance

Capital Group Municipal High-Income ETF stock opened at $25.06 on Monday. The stock has a fifty day simple moving average of $24.59 and a two-hundred day simple moving average of $25.37. Capital Group Municipal High-Income ETF has a 12 month low of $23.81 and a 12 month high of $30.00.

Capital Group Municipal High-Income ETF Cuts Dividend

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

Capital Group Municipal High-Income ETF Company 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.

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

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