Valmark Advisers Inc. Makes New Investment in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

Valmark Advisers Inc. bought a new position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 134,049 shares of the company’s stock, valued at approximately $3,389,000.

A number of other institutional investors also recently modified their holdings of CGHM. Confluence Wealth Services Inc. bought a new position in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth about $15,840,000. Benjamin Edwards Inc. acquired a new stake in shares of Capital Group Municipal High-Income ETF during the 3rd quarter worth approximately $1,727,000. Jane Street Group LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF during the 3rd quarter worth approximately $345,000. Koshinski Asset Management Inc. acquired a new stake in shares of Capital Group Municipal High-Income ETF during the 4th quarter worth approximately $334,000. Finally, AdvisorNet Financial Inc grew its position 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 buying an additional 9,782 shares during the period.

Capital Group Municipal High-Income ETF Trading Up 0.2 %

Shares of NYSEARCA:CGHM opened at $25.44 on Friday. Capital Group Municipal High-Income ETF has a one year low of $24.91 and a one year high of $26.06. The company has a 50 day moving average of $25.37 and a 200-day moving average of $25.57.

Capital Group Municipal High-Income ETF Cuts Dividend

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