26,667 Shares in Capital Group Municipal High-Income ETF $CGHM Acquired by Sprinkle Financial Consultants LLC

Sprinkle Financial Consultants LLC acquired a new position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 26,667 shares of the company’s stock, valued at approximately $642,000.

A number of other hedge funds have also bought and sold shares of the business. Capital Analysts LLC lifted its position in shares of Capital Group Municipal High-Income ETF by 40.9% during the second quarter. Capital Analysts LLC now owns 187,286 shares of the company’s stock worth $4,842,000 after acquiring an additional 54,387 shares in the last quarter. HB Wealth Management LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the second quarter worth $990,000. J. Derek Lewis & Associates Inc. grew its position in shares of Capital Group Municipal High-Income ETF by 10.0% in the first quarter. J. Derek Lewis & Associates Inc. now owns 580,246 shares of the company’s stock valued at $14,667,000 after purchasing an additional 52,924 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Capital Group Municipal High-Income ETF by 10.2% in the second quarter. Envestnet Asset Management Inc. now owns 13,298,153 shares of the company’s stock valued at $343,757,000 after purchasing an additional 1,227,406 shares in the last quarter. Finally, Main Line Retirement Advisors LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the first quarter valued at $1,099,000.

Capital Group Municipal High-Income ETF Stock Performance

Shares of NYSEARCA:CGHM traded up $0.09 during midday trading on Friday, reaching $24.07. 1,151,097 shares of the company traded hands, compared to its average volume of 539,329. The firm’s fifty day moving average price is $24.92 and its two-hundred day moving average price is $25.38. Capital Group Municipal High-Income ETF has a 12 month low of $23.81 and a 12 month high of $30.00.

Capital Group Municipal High-Income ETF Increases Dividend

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

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.