Thoroughbred Financial Services LLC Has $1.54 Million Position in Capital Group Municipal High-Income ETF $CGHM

Thoroughbred Financial Services LLC boosted its stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 73.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 60,351 shares of the company’s stock after purchasing an additional 25,600 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Capital Group Municipal High-Income ETF were worth $1,537,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in Capital Group Municipal High-Income ETF during the second quarter worth $34,000. CIBC Private Wealth Group LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the third quarter valued at $48,000. Advisory Services Network LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the third quarter valued at $61,000. Camelot Portfolios LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the fourth quarter valued at $67,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the fourth quarter valued at $68,000.

Capital Group Municipal High-Income ETF Stock Performance

Shares of NYSEARCA:CGHM opened at $25.69 on Friday. Capital Group Municipal High-Income ETF has a twelve month low of $24.29 and a twelve month high of $30.00. The business has a fifty day moving average of $25.52 and a 200-day moving average of $25.58.

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.