Arkadios Wealth Advisors Acquires Shares of 32,884 Capital Group Municipal High-Income ETF $CGHM

Arkadios Wealth Advisors acquired a new position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 32,884 shares of the company’s stock, valued at approximately $832,000.

A number of other institutional investors also recently modified their holdings of the business. Bank of America Corp DE acquired a new position in shares of Capital Group Municipal High-Income ETF in the second quarter valued at about $34,000. Creative Financial Designs Inc. ADV boosted its holdings in Capital Group Municipal High-Income ETF by 203.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 1,818 shares of the company’s stock valued at $45,000 after purchasing an additional 1,218 shares during the period. EQ Wealth Advisors LLC acquired a new position in shares of Capital Group Municipal High-Income ETF during the 2nd quarter worth approximately $66,000. Farther Finance Advisors LLC acquired a new position in shares of Capital Group Municipal High-Income ETF during the 3rd quarter worth approximately $93,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Capital Group Municipal High-Income ETF by 2,451.6% during the second quarter. Geneos Wealth Management Inc. now owns 5,537 shares of the company’s stock worth $136,000 after purchasing an additional 5,320 shares during the period.

Capital Group Municipal High-Income ETF Trading Up 0.1%

NYSEARCA CGHM opened at $25.58 on Monday. The company has a 50 day moving average of $25.53 and a 200-day moving average of $25.21. Capital Group Municipal High-Income ETF has a 1-year low of $23.45 and a 1-year high of $25.73.

Capital Group Municipal High-Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were given a dividend of $0.113 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Wednesday, December 24th. This is a positive change from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.08.

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.