Envestnet Asset Management Inc. Boosts Stock Holdings in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

Envestnet Asset Management Inc. grew its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHMFree Report) by 67.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,514 shares of the company’s stock after acquiring an additional 12,722 shares during the quarter. Envestnet Asset Management Inc. owned 0.59% of Capital Group Municipal High-Income ETF worth $790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in Capital Group Municipal High-Income ETF during the 1st quarter worth $26,000. Wood Tarver Financial Group LLC purchased a new position in Capital Group Municipal High-Income ETF during the 4th quarter worth $39,000. International Assets Investment Management LLC purchased a new position in Capital Group Municipal High-Income ETF during the 1st quarter worth $209,000. Freedom Financial Partners LLC purchased a new position in Capital Group Municipal High-Income ETF during the 1st quarter worth $238,000. Finally, Insigneo Advisory Services LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter worth about $256,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of NYSEARCA:CGHM opened at $24.51 on Monday. The company’s 50-day moving average is $24.52 and its 200 day moving average is $24.85. Capital Group Municipal High-Income ETF has a fifty-two week low of $23.45 and a fifty-two week high of $25.98.

Capital Group Municipal High-Income ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group Municipal High-Income ETF (NYSEARCA:CGHM)

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