J. Derek Lewis & Associates Inc. increased its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) by 10.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 580,246 shares of the company’s stock after purchasing an additional 52,924 shares during the period. Capital Group Municipal High-Income ETF makes up 3.3% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 10th biggest holding. J. Derek Lewis & Associates Inc. owned 0.51% of Capital Group Municipal High-Income ETF worth $14,667,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE acquired a new position in Capital Group Municipal High-Income ETF during the second quarter valued at approximately $34,000. Western Wealth Management LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the 1st quarter valued at $36,000. CIBC Private Wealth Group LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at $48,000. Advisory Services Network LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at $61,000. Finally, Camelot Portfolios LLC acquired a new position in shares of Capital Group Municipal High-Income ETF during the 4th quarter worth $67,000.
Capital Group Municipal High-Income ETF Stock Performance
Shares of CGHM stock opened at $25.52 on Friday. Capital Group Municipal High-Income ETF has a twelve month low of $24.32 and a twelve month high of $30.00. The business has a fifty day simple moving average of $25.73 and a 200 day simple moving average of $25.65.
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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