Waverly Advisors LLC Purchases New Position in Capital Group Municipal High-Income ETF $CGHM

Waverly Advisors LLC acquired a new position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,487 shares of the company’s stock, valued at approximately $544,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGHM. Bank of America Corp DE purchased a new stake in Capital Group Municipal High-Income ETF during the 2nd quarter valued at $34,000. CIBC Private Wealth Group LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the third quarter worth $48,000. Advisory Services Network LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the third quarter worth $61,000. Camelot Portfolios LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth $67,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Capital Group Municipal High-Income ETF during the fourth quarter valued at $68,000.

Capital Group Municipal High-Income ETF Price Performance

Capital Group Municipal High-Income ETF stock opened at $25.38 on Monday. Capital Group Municipal High-Income ETF has a one year low of $24.32 and a one year high of $30.00. The business’s fifty day moving average is $25.73 and its 200 day moving average is $25.65.

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.