AA Financial Advisors LLC Acquires 96,936 Shares of Capital Group Municipal High-Income ETF $CGHM

AA Financial Advisors LLC bought a new stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 96,936 shares of the company’s stock, valued at approximately $2,333,000. AA Financial Advisors LLC owned 0.07% of Capital Group Municipal High-Income ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CoreCap Advisors LLC grew its stake in Capital Group Municipal High-Income ETF by 653.1% during the 2nd quarter. CoreCap Advisors LLC now owns 1,318 shares of the company’s stock worth $34,000 after purchasing an additional 1,143 shares in the last quarter. Western Wealth Management LLC acquired a new stake in Capital Group Municipal High-Income ETF in the 1st quarter valued at about $36,000. WNY Asset Management LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the 1st quarter valued at about $207,000. Members Advisory Group LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $210,000. Finally, Sard Wealth Management Group LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at about $211,000.

Capital Group Municipal High-Income ETF Stock Performance

Shares of Capital Group Municipal High-Income ETF stock traded up $0.02 on Monday, reaching $24.44. 1,359,379 shares of the company were exchanged, compared to its average volume of 573,011. Capital Group Municipal High-Income ETF has a 1-year low of $23.81 and a 1-year high of $30.00. The stock’s 50 day moving average price is $24.78 and its 200-day moving average price is $25.34.

Capital Group Municipal High-Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a $0.0884 dividend. This represents a $1.06 annualized dividend and a yield of 4.3%. This is a positive change from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.0758. The ex-dividend date of this dividend was Tuesday, September 29th.

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.