Orion Porfolio Solutions LLC Has $16.62 Million Holdings in Capital Group Municipal High-Income ETF $CGHM

Orion Porfolio Solutions LLC lifted its position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 4,201.4% in the third quarter, HoldingsChannel.com reports. The firm owned 657,125 shares of the company’s stock after acquiring an additional 641,848 shares during the period. Orion Porfolio Solutions LLC’s holdings in Capital Group Municipal High-Income ETF were worth $16,619,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AdvisorNet Financial Inc increased its holdings in Capital Group Municipal High-Income ETF by 9.8% in the 3rd quarter. AdvisorNet Financial Inc now owns 9,760 shares of the company’s stock valued at $247,000 after buying an additional 868 shares during the period. Prospera Financial Services Inc boosted its position in shares of Capital Group Municipal High-Income ETF by 5.1% during the 2nd 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. Bank of America Corp DE bought a new stake in Capital Group Municipal High-Income ETF in the second quarter valued at about $34,000. Global Retirement Partners LLC increased its stake in Capital Group Municipal High-Income ETF by 13.8% in the third quarter. Global Retirement Partners LLC now owns 21,044 shares of the company’s stock valued at $532,000 after acquiring an additional 2,547 shares during the period. Finally, World Investment Advisors raised its position in Capital Group Municipal High-Income ETF by 24.1% in the third quarter. World Investment Advisors now owns 13,514 shares of the company’s stock worth $342,000 after purchasing an additional 2,624 shares in the last quarter.

Capital Group Municipal High-Income ETF Stock Performance

Shares of CGHM opened at $25.71 on Friday. The company has a 50-day moving average price of $25.67 and a two-hundred day moving average price of $25.45. 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 business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.0982 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a yield of 4.6%. 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 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.