Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 97.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,774 shares of the company’s stock after buying an additional 15,680 shares during the period. Cetera Investment Advisers owned approximately 0.51% of Capital Group Municipal High-Income ETF worth $796,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in CGHM. MML Investors Services LLC increased its holdings in Capital Group Municipal High-Income ETF by 2,746.5% in the fourth quarter. MML Investors Services LLC now owns 224,876 shares of the company’s stock valued at $5,685,000 after buying an additional 216,976 shares in the last quarter. Captrust Financial Advisors purchased a new position in Capital Group Municipal High-Income ETF in the fourth quarter valued at about $1,061,000. Betterment LLC purchased a new position in Capital Group Municipal High-Income ETF in the fourth quarter valued at about $999,000. Valmark Advisers Inc. increased its holdings in Capital Group Municipal High-Income ETF by 16.5% in the first quarter. Valmark Advisers Inc. now owns 156,136 shares of the company’s stock valued at $3,913,000 after buying an additional 22,087 shares in the last quarter. Finally, Envestnet Asset Management Inc. purchased a new position in Capital Group Municipal High-Income ETF in the fourth quarter valued at about $475,000.

Capital Group Municipal High-Income ETF Stock Down 0.0%

Shares of Capital Group Municipal High-Income ETF stock opened at $24.57 on Thursday. Capital Group Municipal High-Income ETF has a 12-month low of $23.45 and a 12-month high of $25.98. The company has a 50-day moving average of $24.52 and a two-hundred day moving average of $24.81.

Capital Group Municipal High-Income ETF 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.