29,679 Shares in Capital Group Municipal High-Income ETF $CGHM Bought by Birchwood Financial Partners Inc.

Birchwood Financial Partners Inc. purchased a new position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 29,679 shares of the company’s stock, valued at approximately $756,000. Capital Group Municipal High-Income ETF accounts for 0.8% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its 29th biggest position.

A number of other institutional investors have also modified their holdings of the stock. Royal Bank of Canada increased its holdings in shares of Capital Group Municipal High-Income ETF by 113.5% during the 1st quarter. Royal Bank of Canada now owns 82,978 shares of the company’s stock valued at $2,080,000 after purchasing an additional 44,104 shares in the last quarter. Jane Street Group LLC increased its holdings in Capital Group Municipal High-Income ETF by 349.1% in the first quarter. Jane Street Group LLC now owns 93,676 shares of the company’s stock valued at $2,348,000 after buying an additional 72,817 shares in the last quarter. Sei Investments Co. purchased a new position in Capital Group Municipal High-Income ETF in the second quarter valued at $927,000. Raymond James Financial Inc. raised its position in shares of Capital Group Municipal High-Income ETF by 31.6% in the second quarter. Raymond James Financial Inc. now owns 148,124 shares of the company’s stock worth $3,649,000 after acquiring an additional 35,545 shares during the period. Finally, Bank of America Corp DE acquired a new position in shares of Capital Group Municipal High-Income ETF in the second quarter worth about $34,000.

Capital Group Municipal High-Income ETF Stock Performance

NYSEARCA:CGHM opened at $25.84 on Friday. Capital Group Municipal High-Income ETF has a 52 week low of $24.29 and a 52 week high of $30.00. The stock’s 50-day moving average price is $25.62 and its 200-day moving average price is $25.59.

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.