Financial Perspectives Inc Makes New Investment in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

Financial Perspectives Inc acquired a new stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,191 shares of the company’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. MML Investors Services LLC bought a new stake in Capital Group Municipal High-Income ETF in the third quarter worth $204,000. Strata Wealth Advisors LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF in the fourth quarter valued at $228,000. Capital & Planning LLC bought a new stake in shares of Capital Group Municipal High-Income ETF in the 4th quarter worth about $236,000. AdvisorNet Financial Inc boosted its stake in shares of Capital Group Municipal High-Income ETF by 3,897.2% during the 4th quarter. AdvisorNet Financial Inc now owns 10,033 shares of the company’s stock worth $254,000 after purchasing an additional 9,782 shares during the period. Finally, Koshinski Asset Management Inc. bought a new position in Capital Group Municipal High-Income ETF during the 4th quarter valued at about $334,000.

Capital Group Municipal High-Income ETF Stock Performance

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 has a 50 day simple moving average of $25.35 and a two-hundred day simple moving average of $25.57.

Capital Group Municipal High-Income ETF Cuts Dividend

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