141,104 Capital Group Municipal High-Income ETF $CGHM Shares Bought by Aprio Wealth Management LLC

Aprio Wealth Management LLC raised its holdings in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 17.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 960,512 shares of the company’s stock after acquiring an additional 141,104 shares during the quarter. Capital Group Municipal High-Income ETF accounts for approximately 1.1% of Aprio Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Aprio Wealth Management LLC’s holdings in Capital Group Municipal High-Income ETF were worth $23,120,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of CGHM. Envestnet Asset Management Inc. grew its stake in shares of Capital Group Municipal High-Income ETF by 10.2% in the second quarter. Envestnet Asset Management Inc. now owns 13,298,153 shares of the company’s stock worth $343,757,000 after acquiring an additional 1,227,406 shares during the period. Cetera Investment Advisers grew its holdings in Capital Group Municipal High-Income ETF by 17.4% during the 1st quarter. Cetera Investment Advisers now owns 2,499,808 shares of the company’s stock valued at $63,295,000 after buying an additional 370,741 shares in the last quarter. Assetmark Inc. grew its position in shares of Capital Group Municipal High-Income ETF by 6.3% during the first quarter. Assetmark Inc. now owns 1,199,578 shares of the company’s stock valued at $30,373,000 after purchasing an additional 70,900 shares in the last quarter. Royal Bank of Canada lifted its position in Capital Group Municipal High-Income ETF by 20.2% during the first quarter. Royal Bank of Canada now owns 973,146 shares of the company’s stock valued at $24,640,000 after purchasing an additional 163,290 shares during the last quarter. Finally, Strata Wealth Advisors LLC boosted its stake in Capital Group Municipal High-Income ETF by 86.3% during the third quarter. Strata Wealth Advisors LLC now owns 731,072 shares of the company’s stock worth $17,597,000 after buying an additional 338,728 shares during the period.

Capital Group Municipal High-Income ETF Price Performance

Capital Group Municipal High-Income ETF stock opened at $24.78 on Friday. The company’s 50-day moving average is $24.64 and its 200 day moving average is $25.38. Capital Group Municipal High-Income ETF has a 1-year low of $23.81 and a 1-year high of $30.00.

Capital Group Municipal High-Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be given a $0.0853 dividend. This is a drop from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.0884. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.02 annualized dividend and a yield of 4.1%.

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.