Cetera Investment Advisers Acquires 370,741 Shares of Capital Group Municipal High-Income ETF $CGHM

Cetera Investment Advisers boosted its holdings in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 17.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,499,808 shares of the company’s stock after acquiring an additional 370,741 shares during the quarter. Cetera Investment Advisers’ holdings in Capital Group Municipal High-Income ETF were worth $63,295,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in Capital Group Municipal High-Income ETF during the 2nd quarter worth $34,000. CIBC Private Wealth Group LLC bought a new stake in shares of Capital Group Municipal High-Income ETF during the 3rd quarter valued at $48,000. Advisory Services Network LLC acquired a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at $61,000. Camelot Portfolios LLC acquired a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter valued at $67,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter worth $68,000.

Capital Group Municipal High-Income ETF Stock Performance

NYSEARCA:CGHM opened at $25.52 on Friday. Capital Group Municipal High-Income ETF has a 12-month low of $24.30 and a 12-month high of $30.00. The stock’s fifty day simple moving average is $25.72 and its 200-day simple moving average is $25.65.

About Capital Group Municipal High-Income ETF

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.