Apollon Wealth Management LLC Makes New $1.90 Million Investment in Capital Group Municipal High-Income ETF $CGHM

Apollon Wealth Management LLC purchased a new position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 75,129 shares of the company’s stock, valued at approximately $1,902,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE acquired a new position in Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $34,000. CIBC Private Wealth Group LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF during the 3rd quarter valued at approximately $48,000. Advisory Services Network LLC purchased a new stake in shares of Capital Group Municipal High-Income ETF during the 3rd quarter valued at approximately $61,000. Camelot Portfolios LLC acquired a new position in Capital Group Municipal High-Income ETF in the fourth quarter valued at approximately $67,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Capital Group Municipal High-Income ETF in the fourth quarter valued at approximately $68,000.

Capital Group Municipal High-Income ETF Trading Up 0.2%

Shares of Capital Group Municipal High-Income ETF stock opened at $25.90 on Thursday. Capital Group Municipal High-Income ETF has a fifty-two week low of $24.29 and a fifty-two week high of $30.00. The stock has a 50 day moving average of $25.67 and a 200 day moving average of $25.62.

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.