Capital Group Municipal High-Income ETF $CGHM Shares Newly Bought by Sprinkle Financial Consultants LLC

Sprinkle Financial Consultants LLC bought a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,667 shares of the company’s stock, valued at approximately $642,000.

Several other large investors also recently modified their holdings of the stock. First Heartland Consultants Inc. purchased a new position in Capital Group Municipal High-Income ETF in the third quarter valued at approximately $473,000. Farther Finance Advisors LLC increased its position in Capital Group Municipal High-Income ETF by 5.1% in the third quarter. Farther Finance Advisors LLC now owns 16,930 shares of the company’s stock worth $408,000 after buying an additional 826 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of Capital Group Municipal High-Income ETF by 74.4% in the third quarter. CoreCap Advisors LLC now owns 2,299 shares of the company’s stock valued at $55,000 after buying an additional 981 shares during the period. Apella Capital LLC raised its stake in shares of Capital Group Municipal High-Income ETF by 34.3% in the third quarter. Apella Capital LLC now owns 73,140 shares of the company’s stock valued at $1,752,000 after buying an additional 18,684 shares during the period. Finally, Venture Visionary Partners LLC lifted its position in shares of Capital Group Municipal High-Income ETF by 19.5% during the 3rd quarter. Venture Visionary Partners LLC now owns 25,704 shares of the company’s stock valued at $619,000 after buying an additional 4,188 shares during the last quarter.

Capital Group Municipal High-Income ETF Stock Up 0.4%

Shares of CGHM stock traded up $0.09 on Friday, hitting $24.07. 1,151,097 shares of the stock were exchanged, compared to its average volume of 539,329. Capital Group Municipal High-Income ETF has a one year low of $23.81 and a one year high of $30.00. The firm’s 50 day moving average is $24.92 and its two-hundred day moving average is $25.38.

Capital Group Municipal High-Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.0884 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.06 dividend on an annualized basis and a yield of 4.4%. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.0758.

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.