61,798 Capital Group Municipal High-Income ETF $CGHM Shares Bought by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. raised its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 10.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 642,042 shares of the company’s stock after purchasing an additional 61,798 shares during the period. Capital Group Municipal High-Income ETF accounts for about 2.8% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 10th largest position. J. Derek Lewis & Associates Inc. owned approximately 0.43% of Capital Group Municipal High-Income ETF worth $15,447,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Municipal High-Income ETF by 10.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,298,153 shares of the company’s stock valued at $343,757,000 after buying an additional 1,227,406 shares during the last quarter. Cetera Investment Advisers increased its holdings in Capital Group Municipal High-Income ETF by 17.4% in the first quarter. Cetera Investment Advisers now owns 2,499,808 shares of the company’s stock worth $63,295,000 after buying an additional 370,741 shares during the last quarter. Assetmark Inc. increased its holdings in Capital Group Municipal High-Income ETF by 6.3% in the first quarter. Assetmark Inc. now owns 1,199,578 shares of the company’s stock worth $30,373,000 after buying an additional 70,900 shares during the last quarter. Royal Bank of Canada increased its holdings in Capital Group Municipal High-Income ETF by 20.2% in the first quarter. Royal Bank of Canada now owns 973,146 shares of the company’s stock worth $24,640,000 after buying an additional 163,290 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in Capital Group Municipal High-Income ETF during the third quarter valued at approximately $24,190,000.

Capital Group Municipal High-Income ETF Stock Up 0.2%

Shares of CGHM opened at $25.06 on Friday. The firm’s 50 day moving average price is $24.59 and its 200 day moving average price is $25.37. Capital Group Municipal High-Income ETF has a twelve month low of $23.81 and a twelve month high of $30.00.

Capital Group Municipal High-Income ETF Cuts Dividend

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

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.