68,976 Shares in Capital Group Municipal High-Income ETF $CGHM Acquired by RFP Financial Group LLC

RFP Financial Group LLC bought a new position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 68,976 shares of the company’s stock, valued at approximately $1,744,000. Capital Group Municipal High-Income ETF comprises about 0.7% of RFP Financial Group LLC’s portfolio, making the stock its 29th biggest holding. RFP Financial Group LLC owned 0.08% of Capital Group Municipal High-Income ETF at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Bank of America Corp DE acquired a new position in shares of Capital Group Municipal High-Income ETF during the second quarter worth $34,000. Creative Financial Designs Inc. ADV lifted its holdings 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 worth $45,000 after buying an additional 1,218 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at about $93,000. Geneos Wealth Management Inc. grew its position in shares of Capital Group Municipal High-Income ETF by 2,451.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 5,537 shares of the company’s stock valued at $136,000 after buying an additional 5,320 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of Capital Group Municipal High-Income ETF in the third quarter valued at about $169,000.

Capital Group Municipal High-Income ETF Stock Down 0.2%

Capital Group Municipal High-Income ETF stock opened at $25.91 on Monday. The stock’s 50 day moving average is $25.65 and its 200 day moving average is $25.43. Capital Group Municipal High-Income ETF has a one year low of $23.45 and a one year high of $25.98.

Capital Group Municipal High-Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 27th will be given a $0.0982 dividend. This is an increase from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.06. The ex-dividend date is Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Capital Group Municipal High-Income ETF Company 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.