Main Line Retirement Advisors LLC bought a new position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 43,402 shares of the company’s stock, valued at approximately $1,099,000. Capital Group Municipal High-Income ETF accounts for approximately 0.5% of Main Line Retirement Advisors LLC’s investment portfolio, making the stock its 20th biggest holding.
Several other hedge funds have also added to or reduced their stakes in CGHM. Heritage Wealth Management Inc. boosted its position in Capital Group Municipal High-Income ETF by 29.1% during the first quarter. Heritage Wealth Management Inc. now owns 41,842 shares of the company’s stock valued at $1,059,000 after buying an additional 9,421 shares during the period. Apella Capital LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the first quarter worth about $1,302,000. Nautilus Advisors LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the first quarter worth about $688,000. BCS Wealth Management bought a new stake in shares of Capital Group Municipal High-Income ETF in the 1st quarter valued at about $415,000. Finally, Prentice Wealth Management LLC lifted its stake in shares of Capital Group Municipal High-Income ETF by 21.0% in the 1st quarter. Prentice Wealth Management LLC now owns 207,443 shares of the company’s stock valued at $5,252,000 after acquiring an additional 35,973 shares during the last quarter.
Capital Group Municipal High-Income ETF Stock Performance
Shares of CGHM stock opened at $25.92 on Friday. The business has a 50-day moving average of $25.65 and a 200 day moving average of $25.61. Capital Group Municipal High-Income ETF has a 1-year low of $24.29 and a 1-year high of $30.00.
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.
See Also
- Five stocks we like better than Capital Group Municipal High-Income ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
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).
Receive News & Ratings for Capital Group Municipal High-Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Municipal High-Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
