Clear Trail Advisors LLC bought a new position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 191,686 shares of the company’s stock, valued at approximately $4,853,000. Clear Trail Advisors LLC owned about 0.17% of Capital Group Municipal High-Income ETF at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in CGHM. Royal Bank of Canada increased its stake in shares of Capital Group Municipal High-Income ETF by 113.5% in the first quarter. Royal Bank of Canada now owns 82,978 shares of the company’s stock worth $2,080,000 after purchasing an additional 44,104 shares during the period. Jane Street Group LLC boosted its stake in Capital Group Municipal High-Income ETF by 349.1% during the 1st quarter. Jane Street Group LLC now owns 93,676 shares of the company’s stock valued at $2,348,000 after purchasing an additional 72,817 shares during the period. Sei Investments Co. acquired a new stake in Capital Group Municipal High-Income ETF in the 2nd quarter valued at approximately $927,000. Raymond James Financial Inc. grew its holdings in Capital Group Municipal High-Income ETF by 31.6% in the 2nd quarter. Raymond James Financial Inc. now owns 148,124 shares of the company’s stock valued at $3,649,000 after buying an additional 35,545 shares during the last quarter. Finally, Bank of America Corp DE acquired a new stake in Capital Group Municipal High-Income ETF in the 2nd quarter valued at approximately $34,000.
Capital Group Municipal High-Income ETF Stock Down 0.0%
Shares of NYSEARCA CGHM opened at $25.83 on Tuesday. Capital Group Municipal High-Income ETF has a 12 month low of $24.29 and a 12 month high of $30.00. The business’s 50 day moving average is $25.63 and its two-hundred day moving average is $25.60.
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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