Koshinski Asset Management Inc. Buys 32,786 Shares of Capital Group Municipal High-Income ETF $CGHM

Koshinski Asset Management Inc. raised its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 13.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 276,833 shares of the company’s stock after acquiring an additional 32,786 shares during the quarter. Koshinski Asset Management Inc. owned approximately 0.25% of Capital Group Municipal High-Income ETF worth $7,009,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGHM. Bank of America Corp DE bought a new stake in shares of Capital Group Municipal High-Income ETF in the 2nd quarter worth approximately $34,000. CIBC Private Wealth Group LLC bought a new position in Capital Group Municipal High-Income ETF during the third quarter valued at $48,000. Advisory Services Network LLC bought a new position in Capital Group Municipal High-Income ETF during the third quarter valued at $61,000. Camelot Portfolios LLC purchased a new stake in Capital Group Municipal High-Income ETF in the fourth quarter worth $67,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Capital Group Municipal High-Income ETF in the fourth quarter worth $68,000.

Capital Group Municipal High-Income ETF Stock Performance

Shares of CGHM opened at $25.93 on Friday. Capital Group Municipal High-Income ETF has a 1 year low of $24.29 and a 1 year high of $30.00. The stock’s fifty day moving average price is $25.68 and its two-hundred day moving average price is $25.63.

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.