Valmark Advisers Inc. Increases Stake in Capital Group Municipal High-Income ETF $CGHM

Valmark Advisers Inc. grew its stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 57.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 295,103 shares of the company’s stock after buying an additional 107,821 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Municipal High-Income ETF were worth $7,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. boosted its position in shares of Capital Group Municipal High-Income ETF by 835.6% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,643,882 shares of the company’s stock worth $41,886,000 after acquiring an additional 1,468,177 shares during the last quarter. LPL Financial LLC increased its holdings in Capital Group Municipal High-Income ETF by 52.7% in the 4th quarter. LPL Financial LLC now owns 2,976,899 shares of the company’s stock valued at $75,851,000 after acquiring an additional 1,027,974 shares during the last quarter. Capital International Investors increased its holdings in Capital Group Municipal High-Income ETF by 1.5% in the 4th quarter. Capital International Investors now owns 59,363,041 shares of the company’s stock valued at $1,512,570,000 after acquiring an additional 883,760 shares during the last quarter. Aprio Wealth Management LLC purchased a new stake in Capital Group Municipal High-Income ETF in the 4th quarter worth $16,422,000. Finally, J. Derek Lewis & Associates Inc. purchased a new stake in Capital Group Municipal High-Income ETF in the 4th quarter worth $13,436,000.

Capital Group Municipal High-Income ETF Stock Up 0.1%

Shares of CGHM traded up $0.02 during midday trading on Friday, hitting $25.82. 321,656 shares of the company traded hands, compared to its average volume of 425,116. The firm has a 50 day moving average of $25.70 and a 200-day moving average of $25.64. Capital Group Municipal High-Income ETF has a 52 week low of $24.29 and a 52 week 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.