Capital Planning LLC Makes New Investment in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

Capital Planning LLC acquired a new stake in 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 institutional investor acquired 9,337 shares of the company’s stock, valued at approximately $236,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. purchased a new stake in Capital Group Municipal High-Income ETF in the 3rd quarter valued at $1,727,000. Jane Street Group LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at approximately $345,000. AdvisorNet Financial Inc lifted its holdings in Capital Group Municipal High-Income ETF by 3,897.2% in 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 period. Finally, MML Investors Services LLC purchased a new stake in Capital Group Municipal High-Income ETF during the third quarter worth about $204,000.

Capital Group Municipal High-Income ETF Stock Performance

NYSEARCA:CGHM opened at $25.19 on Friday. Capital Group Municipal High-Income ETF has a twelve month low of $24.91 and a twelve month high of $26.06. The firm has a 50-day moving average price of $25.49 and a two-hundred day moving average price of $25.55.

Capital Group Municipal High-Income ETF Increases Dividend

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