Koshinski Asset Management Inc. Has $1.11 Million Stock Holdings in Capital Group Municipal High-Income ETF $CGHM

Koshinski Asset Management Inc. increased its stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 63.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 44,899 shares of the company’s stock after acquiring an additional 17,416 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Capital Group Municipal High-Income ETF were worth $1,106,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of CGHM. Opal Wealth Advisors LLC lifted its position in Capital Group Municipal High-Income ETF by 97.9% during the second quarter. Opal Wealth Advisors LLC now owns 2,066 shares of the company’s stock worth $51,000 after acquiring an additional 1,022 shares during the last quarter. EQ Wealth Advisors LLC bought a new position in shares of Capital Group Municipal High-Income ETF during the second quarter worth approximately $66,000. International Assets Investment Management LLC bought a new position in shares of Capital Group Municipal High-Income ETF during the first quarter worth approximately $209,000. Synergy Investment Management LLC acquired a new stake in Capital Group Municipal High-Income ETF during the 1st quarter worth approximately $244,000. Finally, Stratos Wealth Partners LTD. bought a new stake in Capital Group Municipal High-Income ETF in the 2nd quarter valued at $261,000.

Capital Group Municipal High-Income ETF Stock Down 0.1%

Shares of NYSEARCA CGHM opened at $25.58 on Friday. The stock’s fifty day moving average price is $25.05 and its two-hundred day moving average price is $24.70. Capital Group Municipal High-Income ETF has a one year low of $23.45 and a one year high of $25.87.

Capital Group Municipal High-Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were paid a $0.0814 dividend. This is a positive change from Capital Group Municipal High-Income ETF’s previous monthly dividend of $0.02. The ex-dividend date was Monday, September 29th. This represents a c) annualized dividend and a yield of 3.8%.

Capital Group Municipal High-Income ETF Company 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.