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

Cetera Investment Advisers lifted its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 17.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,499,808 shares of the company’s stock after purchasing an additional 370,741 shares during the period. Cetera Investment Advisers owned 2.22% of Capital Group Municipal High-Income ETF worth $63,295,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CGHM. Aprio Wealth Management LLC bought a new position in Capital Group Municipal High-Income ETF in the 4th quarter valued at $16,422,000. Confluence Wealth Services Inc. increased its stake in shares of Capital Group Municipal High-Income ETF by 10.7% in the 4th quarter. Confluence Wealth Services Inc. now owns 698,946 shares of the company’s stock valued at $17,809,000 after buying an additional 67,555 shares during the period. Prentice Wealth Management LLC raised its position in shares of Capital Group Municipal High-Income ETF by 123.4% during the fourth quarter. Prentice Wealth Management LLC now owns 171,470 shares of the company’s stock worth $4,369,000 after acquiring an additional 94,719 shares during the last quarter. D.A. Davidson & CO. bought a new stake in shares of Capital Group Municipal High-Income ETF during the fourth quarter worth $581,000. Finally, Thoroughbred Financial Services LLC lifted its stake in shares of Capital Group Municipal High-Income ETF by 73.7% during the fourth quarter. Thoroughbred Financial Services LLC now owns 60,351 shares of the company’s stock valued at $1,537,000 after acquiring an additional 25,600 shares during the period.

Capital Group Municipal High-Income ETF Stock Up 0.2%

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

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.