Capital Group Municipal High-Income ETF $CGHM Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 86.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 69,752 shares of the company’s stock after acquiring an additional 32,283 shares during the period. NewEdge Advisors LLC owned 0.06% of Capital Group Municipal High-Income ETF worth $1,766,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Royal Bank of Canada boosted its stake in 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 during the period. Jane Street Group LLC increased its stake in shares of 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 purchasing an additional 72,817 shares during the period. Sei Investments Co. acquired a new stake in shares of Capital Group Municipal High-Income ETF in the second quarter valued at approximately $927,000. Raymond James Financial Inc. raised its holdings in shares of Capital Group Municipal High-Income ETF by 31.6% during the second quarter. Raymond James Financial Inc. now owns 148,124 shares of the company’s stock valued at $3,649,000 after buying an additional 35,545 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of Capital Group Municipal High-Income ETF during the second quarter valued at approximately $34,000.

Capital Group Municipal High-Income ETF Trading Down 0.3%

Shares of NYSEARCA CGHM opened at $25.51 on Friday. Capital Group Municipal High-Income ETF has a 12-month low of $24.47 and a 12-month high of $30.00. The stock has a 50 day simple moving average of $25.70 and a 200-day simple moving average of $25.64.

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.