Northwestern Mutual Wealth Management Co. Has $6.11 Million Stake in Capital Group Municipal High-Income ETF $CGHM

Northwestern Mutual Wealth Management Co. boosted its holdings in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 368.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 239,778 shares of the company’s stock after acquiring an additional 188,583 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group Municipal High-Income ETF were worth $6,110,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of CGHM. Capital International Investors raised its stake in Capital Group Municipal High-Income ETF by 77,872.4% in the 3rd quarter. Capital International Investors now owns 58,479,281 shares of the company’s stock worth $1,478,941,000 after purchasing an additional 58,404,281 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Capital Group Municipal High-Income ETF by 15,962.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,621,180 shares of the company’s stock worth $243,320,000 after purchasing an additional 9,561,280 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Capital Group Municipal High-Income ETF by 835.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,643,882 shares of the company’s stock worth $41,886,000 after purchasing an additional 1,468,177 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new stake in Capital Group Municipal High-Income ETF in the 3rd quarter worth about $32,932,000. Finally, Assetmark Inc. acquired a new stake in Capital Group Municipal High-Income ETF in the 3rd quarter worth about $27,175,000.

Capital Group Municipal High-Income ETF Trading Up 0.2%

Shares of Capital Group Municipal High-Income ETF stock opened at $25.72 on Wednesday. Capital Group Municipal High-Income ETF has a twelve month low of $24.29 and a twelve month high of $30.00. The company has a 50-day simple moving average of $25.52 and a two-hundred day simple moving average of $25.58.

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.