Principal Securities Inc. Buys 113,348 Shares of Capital Group Municipal High-Income ETF $CGHM

Principal Securities Inc. boosted its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 42.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 378,269 shares of the company’s stock after purchasing an additional 113,348 shares during the period. Principal Securities Inc. owned about 0.37% of Capital Group Municipal High-Income ETF worth $9,638,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. bought a new position in Capital Group Municipal High-Income ETF in the 3rd quarter valued at approximately $32,932,000. Wealthcare Advisory Partners LLC lifted its stake in Capital Group Municipal High-Income ETF by 24.4% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 132,393 shares of the company’s stock valued at $3,348,000 after purchasing an additional 25,965 shares during the last quarter. Capital Group Private Client Services Inc. increased its position in Capital Group Municipal High-Income ETF by 17.9% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 246,604 shares of the company’s stock valued at $6,237,000 after acquiring an additional 37,370 shares during the period. RFP Financial Group LLC acquired a new position in Capital Group Municipal High-Income ETF in the 3rd quarter valued at approximately $1,744,000. Finally, Confluence Wealth Services Inc. increased its position in 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 acquiring an additional 67,555 shares during the period.

Capital Group Municipal High-Income ETF Stock Performance

Shares of NYSEARCA CGHM opened at $25.71 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 firm has a 50 day moving average price of $25.58 and a two-hundred day moving average price of $25.59.

Capital Group Municipal High-Income ETF Company 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.