Vicus Capital Acquires 32,996 Shares of Capital Group Municipal High-Income ETF $CGHM

Vicus Capital boosted its holdings in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 234.7% during the third quarter, Holdings Channel.com reports. The firm owned 47,054 shares of the company’s stock after acquiring an additional 32,996 shares during the quarter. Vicus Capital’s holdings in Capital Group Municipal High-Income ETF were worth $1,190,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE bought a new position in shares of Capital Group Municipal High-Income ETF during the second quarter valued at $34,000. Creative Financial Designs Inc. ADV increased its stake 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 valued at $45,000 after purchasing an additional 1,218 shares in the last quarter. Opal Wealth Advisors LLC raised its holdings in Capital Group Municipal High-Income ETF by 97.9% in the second quarter. Opal Wealth Advisors LLC now owns 2,066 shares of the company’s stock worth $51,000 after buying an additional 1,022 shares during the last quarter. EQ Wealth Advisors LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the second quarter worth approximately $66,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF during the third quarter valued at approximately $93,000.

Capital Group Municipal High-Income ETF Stock Performance

Shares of NYSEARCA CGHM opened at $25.62 on Monday. The company has a 50 day moving average of $25.52 and a 200 day moving average of $25.14. Capital Group Municipal High-Income ETF has a twelve month low of $23.45 and a twelve month high of $25.73.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were issued a $0.113 dividend. This represents a c) annualized dividend and a 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 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.