Insigneo Advisory Services LLC Invests $256,000 in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

Insigneo Advisory Services LLC acquired a new stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,123 shares of the company’s stock, valued at approximately $256,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of Capital Group Municipal High-Income ETF during the third quarter valued at approximately $345,000. MML Investors Services LLC acquired a new stake in Capital Group Municipal High-Income ETF in the 3rd quarter valued at approximately $204,000. AdvisorNet Financial Inc raised its stake in 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 valued at $254,000 after acquiring an additional 9,782 shares in the last quarter. Capital & Planning LLC acquired a new position in Capital Group Municipal High-Income ETF during the 4th quarter worth $236,000. Finally, Koshinski Asset Management Inc. bought a new position in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth $334,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of CGHM opened at $24.43 on Friday. Capital Group Municipal High-Income ETF has a one year low of $23.45 and a one year high of $26.06. The stock’s fifty day moving average is $25.13 and its 200-day moving average is $25.38.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were given a dividend of $0.0798 per share. This is a positive change from Capital Group Municipal High-Income ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, March 28th.

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.