Capital Group Municipal High-Income ETF $CGHM Shares Purchased by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC raised its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 86.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 731,072 shares of the company’s stock after purchasing an additional 338,728 shares during the quarter. Capital Group Municipal High-Income ETF accounts for about 4.1% of Strata Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Strata Wealth Advisors LLC owned approximately 0.50% of Capital Group Municipal High-Income ETF worth $17,597,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Sard Wealth Management Group LLC purchased a new position in shares of Capital Group Municipal High-Income ETF during the third quarter valued at approximately $211,000. Opal Wealth Advisors LLC boosted its position in shares of Capital Group Municipal High-Income ETF by 16.3% during the third quarter. Opal Wealth Advisors LLC now owns 9,166 shares of the company’s stock valued at $221,000 after buying an additional 1,284 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in Capital Group Municipal High-Income ETF during the third quarter worth $1,029,000. Tempus Wealth Planning LLC grew its holdings in Capital Group Municipal High-Income ETF by 18.9% during the third quarter. Tempus Wealth Planning LLC now owns 11,019 shares of the company’s stock worth $265,000 after buying an additional 1,748 shares in the last quarter. Finally, MFA Wealth Services bought a new stake in Capital Group Municipal High-Income ETF during the third quarter worth $616,000.

Capital Group Municipal High-Income ETF Price Performance

NYSEARCA CGHM opened at $24.42 on Friday. The business has a fifty day simple moving average of $24.80 and a 200 day simple moving average of $25.34. 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 company also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.06 dividend on an annualized basis and a yield of 4.3%. This is a positive change 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.