NewCorp Financial Services Inc. Purchases Shares of 46,013 Capital Group Municipal High-Income ETF $CGHM

NewCorp Financial Services Inc. purchased a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 46,013 shares of the company’s stock, valued at approximately $1,172,000. Capital Group Municipal High-Income ETF makes up 1.0% of NewCorp Financial Services Inc.’s holdings, making the stock its 15th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the company. Freedom Financial Partners LLC grew its holdings in Capital Group Municipal High-Income ETF by 4.0% during the 4th quarter. Freedom Financial Partners LLC now owns 12,576 shares of the company’s stock valued at $320,000 after buying an additional 488 shares in the last quarter. Global Retirement Partners LLC grew its holdings in Capital Group Municipal High-Income ETF by 2.5% during the 4th quarter. Global Retirement Partners LLC now owns 21,560 shares of the company’s stock valued at $549,000 after buying an additional 516 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Capital Group Municipal High-Income ETF by 23.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 5,310 shares of the company’s stock valued at $135,000 after buying an additional 1,000 shares in the last quarter. Merit Financial Group LLC grew its holdings in Capital Group Municipal High-Income ETF by 13.0% during the 4th quarter. Merit Financial Group LLC now owns 10,156 shares of the company’s stock valued at $259,000 after buying an additional 1,171 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its holdings in Capital Group Municipal High-Income ETF by 13.7% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 10,599 shares of the company’s stock valued at $270,000 after buying an additional 1,273 shares in the last quarter.

Capital Group Municipal High-Income ETF Stock Performance

NYSEARCA CGHM opened at $25.66 on Monday. The business has a 50 day simple moving average of $25.52 and a two-hundred day simple moving average of $25.58. 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 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.