Financial Perspectives Inc Invests $30,000 in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

Financial Perspectives Inc bought a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,191 shares of the company’s stock, valued at approximately $30,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGHM. MML Investors Services LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF during the third quarter worth about $204,000. Strata Wealth Advisors LLC acquired a new stake in Capital Group Municipal High-Income ETF in the 4th quarter worth about $228,000. Capital & Planning LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 4th quarter worth approximately $236,000. AdvisorNet Financial Inc raised its holdings in shares of Capital Group Municipal High-Income ETF by 3,897.2% during the fourth quarter. AdvisorNet Financial Inc now owns 10,033 shares of the company’s stock valued at $254,000 after acquiring an additional 9,782 shares during the last quarter. Finally, Koshinski Asset Management Inc. acquired a new position in shares of Capital Group Municipal High-Income ETF during the fourth quarter valued at approximately $334,000.

Capital Group Municipal High-Income ETF Stock Up 0.2 %

Shares of NYSEARCA:CGHM opened at $25.45 on Thursday. Capital Group Municipal High-Income ETF has a 1 year low of $24.91 and a 1 year high of $26.06. The business’s 50 day moving average price is $25.35 and its 200-day moving average price is $25.57.

Capital Group Municipal High-Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were issued a $0.0631 dividend. The ex-dividend date was Friday, January 31st.