Principal Securities Inc. lifted its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) by 42.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 378,269 shares of the company’s stock after purchasing an additional 113,348 shares during the quarter. Principal Securities Inc.’s holdings in Capital Group Municipal High-Income ETF were worth $9,638,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Bank of America Corp DE acquired a new stake in shares of Capital Group Municipal High-Income ETF during the second quarter worth $34,000. CIBC Private Wealth Group LLC bought a new position in Capital Group Municipal High-Income ETF during the third quarter worth $48,000. Advisory Services Network LLC bought a new position in Capital Group Municipal High-Income ETF during the third quarter worth $61,000. Camelot Portfolios LLC bought a new position in Capital Group Municipal High-Income ETF during the fourth quarter worth $67,000. Finally, Flagship Harbor Advisors LLC bought a new position in Capital Group Municipal High-Income ETF during the fourth quarter worth $68,000.
Capital Group Municipal High-Income ETF Price Performance
Shares of NYSEARCA CGHM opened at $25.71 on Friday. Capital Group Municipal High-Income ETF has a 12-month low of $24.29 and a 12-month high of $30.00. The company’s fifty day simple moving average is $25.58 and its 200 day simple moving average is $25.59.
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.
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Want to see what other hedge funds are holding CGHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report).
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