Uhlmann Price Securities LLC Purchases 25,661 Shares of Capital Group Municipal High-Income ETF $CGHM

Uhlmann Price Securities LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 25,661 shares of the company’s stock, valued at approximately $618,000.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in Capital Group Municipal High-Income ETF by 10.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,298,153 shares of the company’s stock worth $343,757,000 after buying an additional 1,227,406 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in Capital Group Municipal High-Income ETF during the 3rd quarter valued at about $24,190,000. Cetera Investment Advisers lifted its stake in Capital Group Municipal High-Income ETF by 17.4% during the 1st quarter. Cetera Investment Advisers now owns 2,499,808 shares of the company’s stock valued at $63,295,000 after acquiring an additional 370,741 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Capital Group Municipal High-Income ETF by 513.2% during the 1st quarter. Kestra Advisory Services LLC now owns 438,921 shares of the company’s stock valued at $11,113,000 after acquiring an additional 367,340 shares during the last quarter. Finally, Strata Wealth Advisors LLC boosted its holdings in shares of Capital Group Municipal High-Income ETF by 86.3% during the 3rd quarter. Strata Wealth Advisors LLC now owns 731,072 shares of the company’s stock valued at $17,597,000 after acquiring an additional 338,728 shares during the last quarter.

Capital Group Municipal High-Income ETF Trading Up 0.2%

Shares of CGHM stock opened at $25.06 on Friday. The company has a 50 day moving average price of $24.59 and a 200-day moving average price of $25.37. Capital Group Municipal High-Income ETF has a 52 week low of $23.81 and a 52 week high of $30.00.

Capital Group Municipal High-Income ETF Cuts Dividend

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

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.