33,607 Shares in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) Acquired by HighTower Advisors LLC

HighTower Advisors LLC bought a new position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 33,607 shares of the company’s stock, valued at approximately $850,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Perspectives Inc bought a new position in Capital Group Municipal High-Income ETF in the fourth quarter worth approximately $30,000. MML Investors Services LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at $204,000. Strata Wealth Advisors LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter worth $228,000. Capital & Planning LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF during the 4th quarter worth $236,000. Finally, AdvisorNet Financial Inc boosted its position in 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 purchasing an additional 9,782 shares in the last quarter.

Capital Group Municipal High-Income ETF Trading Down 0.4 %

CGHM opened at $24.97 on Friday. The business’s 50-day moving average is $25.42 and its two-hundred day moving average is $25.54. Capital Group Municipal High-Income ETF has a 1 year low of $24.91 and a 1 year high of $26.06.

Capital Group Municipal High-Income ETF Cuts Dividend

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

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.