Capital International Investors Purchases 58,404,281 Shares of Capital Group Municipal High-Income ETF $CGHM

Capital International Investors grew its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 77,872.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,479,281 shares of the company’s stock after acquiring an additional 58,404,281 shares during the period. Capital International Investors owned about 0.64% of Capital Group Municipal High-Income ETF worth $1,478,941,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Royal Bank of Canada grew its position in shares of Capital Group Municipal High-Income ETF by 113.5% in the 1st quarter. Royal Bank of Canada now owns 82,978 shares of the company’s stock worth $2,080,000 after buying an additional 44,104 shares during the last quarter. Jane Street Group LLC lifted its stake in 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 worth $2,348,000 after acquiring an additional 72,817 shares during the period. Envestnet Asset Management Inc. lifted its stake in Capital Group Municipal High-Income ETF by 90.1% in the second quarter. Envestnet Asset Management Inc. now owns 59,900 shares of the company’s stock worth $1,476,000 after acquiring an additional 28,386 shares during the period. Prospera Financial Services Inc boosted its holdings in Capital Group Municipal High-Income ETF by 5.1% in the second quarter. Prospera Financial Services Inc now owns 27,270 shares of the company’s stock valued at $672,000 after acquiring an additional 1,321 shares in the last quarter. Finally, Advyzon Investment Management LLC bought a new position in Capital Group Municipal High-Income ETF in the 2nd quarter worth $548,000.

Capital Group Municipal High-Income ETF Stock Down 0.0%

NYSEARCA:CGHM opened at $25.69 on Tuesday. The company has a 50-day moving average price of $25.68 and a 200-day moving average price of $25.48. Capital Group Municipal High-Income ETF has a 12 month low of $23.45 and a 12 month high of $25.98.

Capital Group Municipal High-Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a dividend of $0.0982 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.06.

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.