Capital Group Municipal High-Income ETF $CGHM Shares Acquired by BlueStem Wealth Partners LLC

BlueStem Wealth Partners LLC lifted its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 589.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,965 shares of the company’s stock after purchasing an additional 64,940 shares during the period. BlueStem Wealth Partners LLC’s holdings in Capital Group Municipal High-Income ETF were worth $1,936,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new stake in Capital Group Municipal High-Income ETF in the third quarter valued at $7,598,000. Vestmark Advisory Solutions Inc. bought a new position in shares of Capital Group Municipal High-Income ETF during the third quarter worth about $32,932,000. Capital Group Private Client Services Inc. grew its position in shares of Capital Group Municipal High-Income ETF by 17.9% during the third quarter. Capital Group Private Client Services Inc. now owns 246,604 shares of the company’s stock worth $6,237,000 after acquiring an additional 37,370 shares during the last quarter. RFP Financial Group LLC bought a new position in shares of Capital Group Municipal High-Income ETF during the third quarter worth about $1,744,000. Finally, Wealthcare Advisory Partners LLC grew its position in Capital Group Municipal High-Income ETF by 24.4% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 132,393 shares of the company’s stock valued at $3,348,000 after buying an additional 25,965 shares in the last quarter.

Capital Group Municipal High-Income ETF Trading Down 0.4%

Shares of CGHM opened at $25.34 on Wednesday. The firm has a 50-day moving average price of $25.53 and a 200 day moving average price of $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 firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a $0.0982 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. 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.