Nautilus Advisors LLC Invests $688,000 in Capital Group Municipal High-Income ETF $CGHM

Nautilus Advisors LLC bought a new stake in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) during the first quarter, Holdings Channel.com reports. The fund bought 27,154 shares of the company’s stock, valued at approximately $688,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada raised its holdings in Capital Group Municipal High-Income ETF by 113.5% in the 1st quarter. Royal Bank of Canada now owns 82,978 shares of the company’s stock worth $2,080,000 after purchasing an additional 44,104 shares during the period. Jane Street Group LLC increased its position in shares of Capital Group Municipal High-Income ETF by 349.1% in the first quarter. Jane Street Group LLC now owns 93,676 shares of the company’s stock valued at $2,348,000 after buying an additional 72,817 shares in the last quarter. Sei Investments Co. purchased a new stake in shares of Capital Group Municipal High-Income ETF in the second quarter valued at approximately $927,000. Raymond James Financial Inc. raised its stake in shares of Capital Group Municipal High-Income ETF by 31.6% during the 2nd quarter. Raymond James Financial Inc. now owns 148,124 shares of the company’s stock worth $3,649,000 after buying an additional 35,545 shares during the period. Finally, Bank of America Corp DE acquired a new position in shares of Capital Group Municipal High-Income ETF during the 2nd quarter worth approximately $34,000.

Capital Group Municipal High-Income ETF Stock Performance

Shares of NYSEARCA:CGHM opened at $25.83 on Wednesday. Capital Group Municipal High-Income ETF has a 1 year low of $24.29 and a 1 year high of $30.00. The business’s 50 day moving average price is $25.64 and its 200-day moving average price is $25.60.

Capital Group Municipal High-Income ETF Company 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.