D.A. Davidson & CO. bought a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 22,814 shares of the company’s stock, valued at approximately $581,000.
Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE acquired a new position in Capital Group Municipal High-Income ETF during the 2nd quarter valued at about $34,000. CIBC Private Wealth Group LLC acquired a new position in Capital Group Municipal High-Income ETF during the 3rd quarter valued at about $48,000. Advisory Services Network LLC acquired a new position in Capital Group Municipal High-Income ETF during the 3rd quarter valued at about $61,000. Camelot Portfolios LLC acquired a new position in Capital Group Municipal High-Income ETF during the 4th quarter valued at about $67,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Capital Group Municipal High-Income ETF during the 4th quarter valued at about $68,000.
Capital Group Municipal High-Income ETF Stock Down 0.1%
Shares of NYSEARCA:CGHM opened at $25.52 on Tuesday. The business’s 50-day moving average is $25.60 and its 200 day moving average is $25.59. Capital Group Municipal High-Income ETF has a 1 year low of $24.29 and a 1 year high of $30.00.
Capital Group Municipal High-Income ETF Increases Dividend
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.
See Also
Want to see what other hedge funds are holding CGHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report).
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