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

Vestmark Advisory Solutions Inc. lifted its holdings in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,386,911 shares of the company’s stock after buying an additional 84,753 shares during the quarter. Vestmark Advisory Solutions Inc. owned about 1.35% of Capital Group Municipal High-Income ETF worth $35,338,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Bank of America Corp DE purchased a new stake in shares of Capital Group Municipal High-Income ETF during the second quarter worth $34,000. CIBC Private Wealth Group LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the third quarter worth $48,000. Advisory Services Network LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the third quarter valued at $61,000. Camelot Portfolios LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the fourth quarter valued at $67,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group Municipal High-Income ETF during the 4th quarter valued at $68,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of CGHM opened at $25.41 on Friday. The stock’s 50-day simple moving average is $25.52 and its 200 day simple moving average is $25.58. Capital Group Municipal High-Income ETF has a 52-week low of $24.29 and a 52-week high of $30.00.

Capital Group Municipal High-Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.0982 per share. 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 dividend yield of 4.6%. The ex-dividend date was Friday, February 27th.

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.