Birchwood Financial Partners Inc. purchased a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 29,679 shares of the company’s stock, valued at approximately $756,000. Capital Group Municipal High-Income ETF comprises about 0.8% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its 29th largest holding.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new stake in Capital Group Municipal High-Income ETF in the second quarter worth $34,000. CIBC Private Wealth Group LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF during the third quarter valued at $48,000. Advisory Services Network LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the third quarter worth about $61,000. Camelot Portfolios LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth about $67,000. Finally, Flagship Harbor Advisors LLC purchased a new position in Capital Group Municipal High-Income ETF in the 4th quarter worth about $68,000.
Capital Group Municipal High-Income ETF Stock Up 0.4%
Capital Group Municipal High-Income ETF stock opened at $25.84 on Friday. The company has a 50 day moving average price of $25.62 and a 200-day moving average price of $25.59. Capital Group Municipal High-Income ETF has a fifty-two week low of $24.29 and a fifty-two week high of $30.00.
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.
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