25,587 Shares in Capital Group Municipal High-Income ETF $CGHM Purchased by MFA Wealth Services

MFA Wealth Services acquired a new stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,587 shares of the company’s stock, valued at approximately $616,000.

Other institutional investors have also added to or reduced their stakes in the company. Lineweaver Wealth Advisors LLC lifted its stake in Capital Group Municipal High-Income ETF by 43.5% during the third quarter. Lineweaver Wealth Advisors LLC now owns 23,146 shares of the company’s stock worth $557,000 after purchasing an additional 7,016 shares during the last quarter. Sprinkle Financial Consultants LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at $642,000. First Heartland Consultants Inc. acquired a new stake in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at $473,000. Farther Finance Advisors LLC boosted its holdings in shares of Capital Group Municipal High-Income ETF by 5.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 16,930 shares of the company’s stock valued at $408,000 after purchasing an additional 826 shares in the last quarter. Finally, CoreCap Advisors LLC increased its stake in shares of Capital Group Municipal High-Income ETF by 74.4% in the 3rd quarter. CoreCap Advisors LLC now owns 2,299 shares of the company’s stock valued at $55,000 after purchasing an additional 981 shares during the last quarter.

Capital Group Municipal High-Income ETF Trading Up 0.5%

Shares of CGHM opened at $24.20 on Wednesday. Capital Group Municipal High-Income ETF has a 52-week low of $23.81 and a 52-week high of $30.00. The business’s fifty day moving average is $24.87 and its 200-day moving average is $25.36.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a dividend of $0.0884 per share. The ex-dividend date was Tuesday, September 29th. This represents a $1.06 annualized dividend and a dividend 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.