65,130 Capital Group Municipal High-Income ETF $CGHM Shares Purchased by Prentice Wealth Management LLC

Prentice Wealth Management LLC lifted its holdings in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 24.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 332,790 shares of the company’s stock after acquiring an additional 65,130 shares during the quarter. Capital Group Municipal High-Income ETF makes up approximately 1.6% of Prentice Wealth Management LLC’s holdings, making the stock its 16th largest holding. Prentice Wealth Management LLC owned about 0.23% of Capital Group Municipal High-Income ETF worth $8,010,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Farther Finance Advisors LLC lifted its position in Capital Group Municipal High-Income ETF by 5.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 16,930 shares of the company’s stock worth $408,000 after buying an additional 826 shares in the last quarter. CoreCap Advisors LLC increased its position in Capital Group Municipal High-Income ETF by 74.4% in the 3rd quarter. CoreCap Advisors LLC now owns 2,299 shares of the company’s stock valued at $55,000 after acquiring an additional 981 shares in the last quarter. International Assets Investment Management LLC increased its position in Capital Group Municipal High-Income ETF by 9.2% in the 1st quarter. International Assets Investment Management LLC now owns 14,900 shares of the company’s stock valued at $378,000 after acquiring an additional 1,260 shares in the last quarter. Opal Wealth Advisors LLC increased its position in Capital Group Municipal High-Income ETF by 16.3% in the 3rd quarter. Opal Wealth Advisors LLC now owns 9,166 shares of the company’s stock valued at $221,000 after acquiring an additional 1,284 shares in the last quarter. Finally, Western Wealth Management LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the first quarter worth about $36,000.

Capital Group Municipal High-Income ETF Trading Up 0.1%

Shares of NYSEARCA CGHM traded up $0.01 during trading on Tuesday, reaching $24.45. The company had a trading volume of 810,413 shares, compared to its average volume of 573,948. Capital Group Municipal High-Income ETF has a 52 week low of $23.81 and a 52 week high of $30.00. The business’s 50 day moving average price is $24.78 and its 200-day moving average price is $25.34.

Capital Group Municipal High-Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a $0.0884 dividend. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.0758. This represents a $1.06 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 29th.

About Capital Group Municipal High-Income ETF

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.