Opal Wealth Advisors LLC Buys 1,022 Shares of Capital Group Municipal High-Income ETF $CGHM

Opal Wealth Advisors LLC grew its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 97.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,066 shares of the company’s stock after purchasing an additional 1,022 shares during the quarter. Opal Wealth Advisors LLC’s holdings in Capital Group Municipal High-Income ETF were worth $51,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. LongView Wealth Management bought a new position in shares of Capital Group Municipal High-Income ETF in the second quarter valued at about $899,000. Thrive Wealth Management LLC acquired a new position in shares of Capital Group Municipal High-Income ETF in the second quarter valued at about $346,000. Jacobi Capital Management LLC acquired a new position in shares of Capital Group Municipal High-Income ETF in the first quarter valued at about $516,000. Jane Street Group LLC grew its stake in shares of 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 acquiring an additional 72,817 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in shares of Capital Group Municipal High-Income ETF in the first quarter valued at about $7,940,000.

Capital Group Municipal High-Income ETF Stock Performance

CGHM stock opened at $25.36 on Thursday. The company’s 50-day simple moving average is $24.72 and its 200 day simple moving average is $24.69. Capital Group Municipal High-Income ETF has a 52 week low of $23.45 and a 52 week high of $25.98.

Capital Group Municipal High-Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 29th were paid a $0.0185 dividend. The ex-dividend date was Friday, August 29th. This represents a c) annualized dividend and a dividend yield of 0.9%.

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.