AdvisorNet Financial Inc Raises Position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

AdvisorNet Financial Inc lifted its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 3,897.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,033 shares of the company’s stock after purchasing an additional 9,782 shares during the period. AdvisorNet Financial Inc’s holdings in Capital Group Municipal High-Income ETF were worth $254,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CGHM. MML Investors Services LLC purchased a new position in Capital Group Municipal High-Income ETF during the third quarter valued at approximately $204,000. Jane Street Group LLC purchased a new position in shares of Capital Group Municipal High-Income ETF during the 3rd quarter valued at $345,000. Finally, Benjamin Edwards Inc. bought a new position in Capital Group Municipal High-Income ETF in the 3rd quarter worth $1,727,000.

Capital Group Municipal High-Income ETF Trading Up 0.2 %

Shares of CGHM stock opened at $25.19 on Friday. The stock has a fifty day simple moving average of $25.49 and a two-hundred day simple moving average of $25.55. Capital Group Municipal High-Income ETF has a 52-week low of $24.91 and a 52-week high of $26.06.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were given a dividend of $0.0724 per share. The ex-dividend date was Friday, November 29th. This is a boost from Capital Group Municipal High-Income ETF’s previous dividend of $0.04.