Jones Financial Companies Lllp Raises Stock Position in Capital Group Municipal High-Income ETF $CGHM

Jones Financial Companies Lllp boosted its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 88.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 130,502 shares of the company’s stock after acquiring an additional 61,272 shares during the period. Jones Financial Companies Lllp owned 0.14% of Capital Group Municipal High-Income ETF worth $3,301,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CGHM. Bank of America Corp DE purchased a new stake in shares of Capital Group Municipal High-Income ETF during the 2nd quarter valued at $34,000. Creative Financial Designs Inc. ADV increased its position in Capital Group Municipal High-Income ETF by 203.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 1,818 shares of the company’s stock valued at $45,000 after buying an additional 1,218 shares in the last quarter. EQ Wealth Advisors LLC purchased a new stake in Capital Group Municipal High-Income ETF in the second quarter valued at about $66,000. Farther Finance Advisors LLC purchased a new stake in Capital Group Municipal High-Income ETF in the third quarter valued at about $93,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Capital Group Municipal High-Income ETF by 2,451.6% in the second quarter. Geneos Wealth Management Inc. now owns 5,537 shares of the company’s stock worth $136,000 after acquiring an additional 5,320 shares in the last quarter.

Capital Group Municipal High-Income ETF Stock Performance

Shares of CGHM stock opened at $25.66 on Friday. Capital Group Municipal High-Income ETF has a fifty-two week low of $23.45 and a fifty-two week high of $25.73. The stock’s 50-day simple moving average is $25.54 and its 200-day simple moving average is $25.28.

Capital Group Municipal High-Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were given a dividend of $0.0635 per share. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 3.0%.

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.