Prentice Wealth Management LLC Grows Holdings in Capital Group Municipal High-Income ETF $CGHM

Prentice Wealth Management LLC boosted its position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 21.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 207,443 shares of the company’s stock after acquiring an additional 35,973 shares during the quarter. Capital Group Municipal High-Income ETF makes up 1.2% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Prentice Wealth Management LLC’s holdings in Capital Group Municipal High-Income ETF were worth $5,252,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE acquired a new stake in shares of Capital Group Municipal High-Income ETF during the second quarter valued at about $34,000. CIBC Private Wealth Group LLC purchased a new position in Capital Group Municipal High-Income ETF in the third quarter valued at about $48,000. Advisory Services Network LLC purchased a new position in Capital Group Municipal High-Income ETF in the third quarter valued at about $61,000. Camelot Portfolios LLC acquired a new stake in Capital Group Municipal High-Income ETF during the 4th quarter valued at approximately $67,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Capital Group Municipal High-Income ETF during the 4th quarter worth approximately $68,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of CGHM opened at $25.83 on Wednesday. The business’s 50 day moving average is $25.64 and its two-hundred day moving average is $25.60. Capital Group Municipal High-Income ETF has a 52-week low of $24.29 and a 52-week high of $30.00.

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.